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Drug Store

Rite Aid | 7+ Years Remain | Harrisburg, PA MSA | High Profile Corner

3200 Market St, Camp Hill, PA 17011

Listing Price: $10,958,592

Cap Rate
6.75%
Tenant Name
Rite Aid
Years Remaining On Lease
7.2
Guarantor
Corporate Guarantee
Rentable SF
14,673
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$50.41

Investment Overview

The Tenant occupies an exceptional corner parcel at the signaled intersection of Market Street and North 32nd Steet. Rite Aid has three means of access and benefits from more than 47,126 vehicles per day. The list of retailers around this intersection include PNC Bank, 7-Eleven, Starbucks, Chipotle, Wells Fargo, Panera Bread and CVS/Pharmacy. The Giant (Ahold) grocery store just one block south is the 2nd best of 145 locations chainwide and averages 1.5 million customer visits per year according to Placer.Ai. The collection of high-quality retail brands generates significant traffic to this location.

Investment Highlights

  • High Profile Corer, 1.6 Miles from Tenant's Headquarters
  • Robust Traffic Counts; 47,126 VPD at Signalized Corner Parcel
  • Strong Placer.ai; Top 37 Percent of Rite Aid Store Statewide

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Drug Store

Rite Aid | 7+ Years Remain | Harrisburg, PA MSA | High Profile Corner

Listing Price: $10,958,592

Cap Rate
6.75%
Tenant Name
Rite Aid
Years Remaining On Lease
7.2
Guarantor
Corporate Guarantee
Rentable SF
14,673
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$50.41

Investment Highlights

  • High Profile Corer, 1.6 Miles from Tenant's Headquarters
  • Robust Traffic Counts; 47,126 VPD at Signalized Corner Parcel
  • Strong Placer.ai; Top 37 Percent of Rite Aid Store Statewide

Investment Overview

The Tenant occupies an exceptional corner parcel at the signaled intersection of Market Street and North 32nd Steet. Rite Aid has three means of access and benefits from more than 47,126 vehicles per day. The list of retailers around this intersection include PNC Bank, 7-Eleven, Starbucks, Chipotle, Wells Fargo, Panera Bread and CVS/Pharmacy. The Giant (Ahold) grocery store just one block south is the 2nd best of 145 locations chainwide and averages 1.5 million customer visits per year according to Placer.Ai. The collection of high-quality retail brands generates significant traffic to this location.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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