Rite Aid | Oregon, OH 43616
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Rite Aid
Oregon, OH 43616
NNN- Near St. Charles Hospital- In Place Loan · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Proven Long Term (7.5 Yrs.) Absolute NNN Corporate Lease by Rite Aid, Inc. (NYSE: RAD) - Fee Simple
- Essential Retailer w/ Double Drive Thru- Near Walmart/Across from Kroger/ Close to St. Charles Hospital
- Zero LL Duties- Strong Real Estate Intrinsics/ Valuable Underlying Dirt- Strong Store Sales/Scrips
- 10% Rent Bumps each Option (6-5 Options) – Large 1.91 Acre Parcel- Prominent Signalized Hard Corner
- Affluent Coastal Suburb of Toledo OH ($72,647 HHI) - In Place Non-Recourse Loan- 8.46%+ Cash/Cash
- Rite Aid/Eckerd is Largest Drug Store Chain on the East Coast (#3 Nationally) - Iconic American Brand
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,783 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.97 AC
Zoning
C-2 - Regional Commercial
Parking
60 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 44-22963 | Improvements Assessment | $608,461 |
| Land Assessment | $947,390 | Total Assessment | $1,555,851 |
PROPERTY TAXES
Parcel Number
44-22963
Land Assessment
$947,390
Improvements Assessment
$608,461
Total Assessment
$1,555,851
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