Drug Store

RITE AID I ABSOLUTE NNN I RX EVOLUTION REBRANDING

117 5th St, Ellwood City, PA 16117

Listing Price: $5,904,880

Cap Rate
7.50%
Tenant Name
Rite Aid
Years Remaining On Lease
4.0
Gross SF
13,824
Guarantor
Corporate Guarantee
Rentable SF
13,824
Price/Gross SF
$427.15
Lease Type
Absolute Net
Rent Per Square Feet
$32.04

Investment Overview

Marcus & Millichap is pleased to exclusively present this Rite Aid located at 117 5th Street in Ellwood City, PA. Rite Aid is subject to an absolute triple net lease with over 4 years remaining. The lease is corporately guaranteed by Rite Aid, the 3rd largest retail pharmacy, health and daily living destination in the U.S.

Investment Highlights

  • Over 4 Years Remaining on this Absolute NNN Lease with Zero Landlord Responsibilities. Tenant Pays for Insurance, Utilities, Taxes, and Maintains All Facets of the Site.
  • Situated 40-Miles North of Downtown Pittsburgh, 30-Miles to the Pittsburgh International Airport, and 12-Miles to Reach the Ohio/Pennsylvania State Border.
  • Positioned at the Heavily Trafficked Intersection of 5th Street and Spring Avenue with a Combined Traffic Count of Nearly 12,500 Vehicles Per Day.
  • Lease Corporately Guaranteed by Rite Aid, the 3rd Largest Retail Pharmacy, Health and Daily Living Destination in the U.S.

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

Drug Store

RITE AID I ABSOLUTE NNN I RX EVOLUTION REBRANDING

Listing Price: $5,904,880

Cap Rate
7.50%
Tenant Name
Rite Aid
Years Remaining On Lease
4.0
Gross SF
13,824
Guarantor
Corporate Guarantee
Rentable SF
13,824
Price/Gross SF
$427.15
Lease Type
Absolute Net
Rent Per Square Feet
$32.04

Investment Highlights

  • Over 4 Years Remaining on this Absolute NNN Lease with Zero Landlord Responsibilities. Tenant Pays for Insurance, Utilities, Taxes, and Maintains All Facets of the Site.
  • Situated 40-Miles North of Downtown Pittsburgh, 30-Miles to the Pittsburgh International Airport, and 12-Miles to Reach the Ohio/Pennsylvania State Border.
  • Positioned at the Heavily Trafficked Intersection of 5th Street and Spring Avenue with a Combined Traffic Count of Nearly 12,500 Vehicles Per Day.
  • Lease Corporately Guaranteed by Rite Aid, the 3rd Largest Retail Pharmacy, Health and Daily Living Destination in the U.S.

Investment Overview

Marcus & Millichap is pleased to exclusively present this Rite Aid located at 117 5th Street in Ellwood City, PA. Rite Aid is subject to an absolute triple net lease with over 4 years remaining. The lease is corporately guaranteed by Rite Aid, the 3rd largest retail pharmacy, health and daily living destination in the U.S.

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

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