Rite Aid (NYSE: RAD) – Over 13 Lease Years Remaining – Single Tenant NNN Leased
• Corporate Guaranteed by Rite Aid Corp.
• Recent 10 Year Lease Extension – Committed 5 Years Early Showing
Strong Commitment to the Site
• 5% Rental Increases Every 5 Years – Including Each Option Period (8, 5 Yr Options)
• Passive Long Term Investment – Zero Landlord Responsibilities – Ease of Management
• Long Term Operating History & Proven Retail Location – Occupied the Site Since 2004
• Hard Corner Signalized Intersection – Excellent Visibility & Access
• Drive-Thru Location – Multiple Points of Ingress/Egress
• Rite Aid – Over 2,500 Stores – Ranked #473 on Forbes List of Most Sales in 2019
• Over $21.6 Billion in Total Revenue
• Demographics – Over 30,600 Residents within a 3 Mile Radius
• Over $57,200 in Average Household Income within 3 Mile Radius