Freestanding For Sale • 14,783 SF
| Proven Long Term (7.5 Yrs.) Absolute NNN Corporate Lease by Rite Aid, Inc. (NYSE: RAD) - Fee Simple |
| 10% Rent Bumps each Option (6-5 Options) – Large 1.91 Acre Parcel- Prominent Signalized Hard Corner |
| Essential Retailer w/ Double Drive Thru- Near Walmart/Across from Kroger/ Close to St. Charles Hospital |
| Affluent Coastal Suburb of Toledo OH ($72,647 HHI) - In Place Non-Recourse Loan- 8.46%+ Cash/Cash |
| Zero LL Duties- Strong Real Estate Intrinsics/ Valuable Underlying Dirt- Strong Store Sales/Scrips |
| Rite Aid/Eckerd is Largest Drug Store Chain on the East Coast (#3 Nationally) - Iconic American Brand |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Rite Aid | 14,564 SF | 1/31/2028 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 9 min | - | 4.6 mi | |
| Airport | Drive | Walk | Distance |
| Eugene F Kranz Toledo Express | 40 min | - | 22.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |