Rite Aid - Freestanding FOR SALE
Selbyville, DE 19975 |
Rite Aid
Selbyville, DE 19975
HIGHLIGHTS
- Long Term (10 Yrs.) Absolute NNN Corporate Lease by Rite Aid, Inc. (NYSE: RAD) - Fee Simple
- RARE Upper Northeast NNN Asset- Dominant Pharmacy in State of Delaware- Proven Track Record
- 10% Rent Bumps each Option (5-5 Options) – Large 1.92 Acre Parcel- Prominent Signalized Hard Corner
- Essential Retailer with Double Drive Thru- Next Drug Store over 7+ Miles Away- Near Food Lion Market
- Affluent Coastal Suburb with Strong Demos ($71,800 HHI)- In Place Non-Recourse Loan- 8%+ Cash/Cash
- Zero Landlord Duties- Strong Real Estate Intrinsics/ Valuable Underlying Dirt- High Barriers to Entry
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
NNN- Rare N.E. Asset- In Place Loan
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store
TOTAL BUILDING SIZE
14673
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
533-16.11-1.00
