1396 W Chestnut St - Drug Store FOR SALE
Washington, PA 15301 |
1396 W Chestnut St
Washington, PA 15301
HIGHLIGHTS
- Highly visible 13,813 square feet freestanding Rite Aid on a ±3-acre lot in Washington, PA.
- Strategically located on a signalized corner of W Chestnut St and Dwight D. Eisenhower Hwy that sees over 15,000 daily vehicles.
- Cash-flowing asset has ±7.2 years remaining on an absolute triple-net (NNN) lease with attractive rental increases throughout option periods.
- Opportunity for investors to add this hands-free Rite Aid to their portfolio with $417,138 in annual revenue.
- Well-positioned in a dense retail corridor such as Marshalls, McDonald’s, Burger King, Wendy’s, Dunkin’, 7-Eleven, and Sunoco, and many more.
- Rite Aid Corporation is one of the nation’s leading drugstore chains which reported store sales of $21.9 Billion in the fiscal year 2020.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Absolute NNN Rite Aid | Pittsburgh MSA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
13813
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
71
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5100020000001300
