KW Commercial proudly presents a corporate guaranteed single tenant NNN leased property, fully occupied by Rite Aid.
-
This exceptional asset is located in the heart of Selbyville, DE, strategically positioned on a hard corner signalized intersection. It benefits from an impressive traffic count of over 20,000 vehicles daily, ensuring maximum visibility to passing motorists and pedestrians.
-
With a favorable base term lease period of 7± years remaining, this property provides stability and the potential for solid returns. Its prime positioning on a bustling route enhances its investment appeal, making it an ideal choice for discerning investors.
-
6 - 5 Year Option Periods 10% Increases Every 10 Years
6/1/2030: $741,720.32
6/1/2035: $741,720.32
6/1/2040: $815,892.35
6/1/2045: $815,892.35
6/1/2050: FMV
6/1/2055: FMV