Rite Aid (NYSE: RAD) – Over 8 Lease Years Remaining Single Tenant
Absolute NNN Leased Asset
• Corporate Guaranteed by Rite Aid Corp.
• Large 3.45 Acre Lot – Ideally Situated for Future Retail Development
Signalized Intersection
• Unique Development Opportunity with Income In-Place
• Close Proximity to Volvo’s 1.5 Million SF Hagerstown Powertrain Manufacturing Facility
> Facility Produces Heavy-Duty Engines, Transmissions, and Axles
for Volvo Group Brands
> Over 1,750 Employees
> Over $400M in Investments made by Volvo Group since 2001
> 143 U.S. Patents Awarded to Hagerstown Employees since 1961
• Surrounding National Retailers: CVS, AutoZone, Sheetz, Martin’s Food,
Domino’s Pizza, Sprint, Patriot Federal Credit Union, McDonald’s, Taco Bell,
Dunkin’, Burger King
• Demographics – Over 71,500 Residents within a 5 Mile Radius
• Over $70,600 in Average Household Income within 5 Mile Radius