Rite Aid (NYSE: RAD) Absolute NNN Leased Investment – Zero Landlord Obligations
• 11.5 Years Fixed Lease Years Remaining with 5, 5 Year Options
• Strong Store Sales – Recent Store Renovation – Showing Commitment to the Site
• Rare 2.03 Acre Lot in Philadelphia, PA – 4.5 Miles from Downtown Philadelphia
• Diverse Surrounding Use Types – Residential, Retail, Medical,
Industrial/Warehouse, & Education
• Close Proximity to La Salle University – Over 3,800 Students
• Extremely High Barriers to Entry – Limited Availability of Comparable Properties
• Excellent Access & Visibility – 5 Separate Points of Ingress/Egress
• Access Available from all 3 Streets Surrounding the Subject Property
• Strong Demographics – 474,800 Residents within 3 Mile Radius
• AHHI of Approximately $44,700 within 3 Mile Radius
• Deliverable Free and Clear of Existing Debt