Rite Aid Jeannette
Absolute NNN Rite Aid
Westmoreland County, PA
PRICE $1,000,000
GLA 7,815 SF
PROPERTY TYPE Retail
CAP RATE 11.2%
LEASE TYPE Absolute NNN
LEASE EXPIRATION May 2023
YEAR BUILT
Westmoreland County, PA
PRICE $1,000,000
GLA 7,815 SF
PROPERTY TYPE Retail
CAP RATE 11.2%
LEASE TYPE Absolute NNN
LEASE EXPIRATION May 2023
YEAR BUILT
DEMOGRAPHICS
Population 9,280
Average HH Inc $53,033
Median HH Inc $41,026
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INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Rite Aid Corporation
- Tenant has operated at this location since 1993
- Strong store sales history (over $600 per SF)
- Tenant recently extended lease through 2023
- Only drug store in town
- Nearest Walgreens and Rite Aid – +/- 3.5 and +/- 3.7 miles away respectively
- Nearest CVS – +/- 6.5 miles away
| Price: | $1,000,000 |
| City: | Westmoreland County |
| State: | PA |
| Square Feet: | 7,815 SF |
| Price: | $1,000,000 |
| Cap Rate: | 11.2% |