Rite Aid
Ellwood City, Pennsylvania
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NNN Pro Group is pleased to present the exclusive listing for a Rite Aid located at 117 5th St, Ellwood City, PA 16117. The site consists of roughly 13,824 rentable square feet of building space on estimated 1.25-acre parcel of land.
Rite Aid is subject to a ±10.2-year absolute Triple-Net (NNN) lease, which commenced March 9th, 2005. The current annual rent is $442,866 and is scheduled to increase by 1.56% and 1.54% throughout each of the two (2), five (5)-year tenant renewal option periods.
- ±10.2 Years Remaining on an Absolute Triple-Net (NNN) Lease with Two (2) – Five (5) Year Tenant Renewal Option Periods Brining potential Lease Term up to over 21 Years
- Rental Increases Throughout Each of the Tenant Renewal Option Periods
- Corporate Guarantee – Lease Corporately Guaranteed by Rite Aid, the 3rd Largest Retail Pharmacy, Health and Daily Living Destination in the U.S.