Rite Aid | Single Tenant Net Lease | Northern CA

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  • High Performing Location – The store has seen above average sales, approaching Percentage Rent breakpoint
  • Under Market Rent – Rite Aid is currently paying $12/SF which is approximately 25%-33% below market rate
  • Stabilized Investment – Tenant has been at this location for 30 years and recently showed their commitment to this location in 2015 with a substantial store remodel  ($28/SF), which included an updated storefront, paint, and new signage
  • Retail Synergy – Center is shadow-anchored by Save Mart and Taco Bell and other major retailers including Subway and MetroPCS

  • $5,060,000
  • High Performing Location – The store has seen above average sales, approaching Percentage Rent breakpoint
  • Under Market Rent – Rite Aid is currently paying $12/SF which is approximately 25%-33% below market rate
  • Stabilized Investment – Tenant has been at this location for 30 years and recently showed their commitment to this location in 2015 with a substantial store remodel  ($28/SF), which included an updated storefront, paint, and new signage
  • Retail Synergy – Center is shadow-anchored by Save Mart and Taco Bell and other major retailers including Subway and MetroPCS

Price: $5,060,000
Address:520 W. Lodi Ave
City:Lodi
State:CA
Zip Code:95240

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