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Drug Store

Rite Aid

600 North Ave, Battle Creek, MI 49017

Listing Price: $2,102,000

Cap Rate
9.22%
Tenant Name
Rite Aid
Years Remaining On Lease
0.7
Gross SF
11,008
Guarantor
Corporate Guarantee
Rentable SF
11,008
Price/Gross SF
$190.95
Lease Type
Double Net
Rent Per Square Feet
$17.61

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 11,008 square foot Rite Aid in Battle Creek, MI.

Investment Highlights

  • Less Than a Year Remaining on Double Net (NN) Lease
  • Strong Real Estate Fundamentals - Redevelopment Opportunity - 2.06 Acre Site
  • Proximity to 8,400 Student Kellogg Community College

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Listing Price: $2,102,000

Cap Rate
9.22%
Tenant Name
Rite Aid
Years Remaining On Lease
0.7
Gross SF
11,008
Guarantor
Corporate Guarantee
Rentable SF
11,008
Price/Gross SF
$190.95
Lease Type
Double Net
Rent Per Square Feet
$17.61

Investment Highlights

  • Less Than a Year Remaining on Double Net (NN) Lease
  • Strong Real Estate Fundamentals - Redevelopment Opportunity - 2.06 Acre Site
  • Proximity to 8,400 Student Kellogg Community College

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 11,008 square foot Rite Aid in Battle Creek, MI.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

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