Investment Overview

This offering represents a rare opportunity to acquire a prototypical Rite Aid property in Northern California, ideally positioned directly across the street from California State University, Stanislaus, which has an enrollment exceeding 10,000 students. Constructed in 2008, the freestanding building comprises 5,375 square feet and features a two-lane drive-thru, enhancing customer convenience and supporting sustained retail traffic. The property benefits from excellent visibility and access, situated on a hard signalized corner along a major thoroughfare. The Rite Aid operates under a NN lease with minimal landlord responsibilities, offering investors secure and stable cash flow with scheduled rent increases of 5% every five years. The site includes ample parking with 40 spaces on a generous 1.62-acre parcel, providing future flexibility and intrinsic land value.