Rite Aid (NYSE: RAD) Absolute NNN Leased Investment – Zero Landlord Obligations
• 8.7 Years Fixed Lease Years Remaining with 6, 5 Year Options
• 10% Rental Increases Every 10 Years During Option Periods
• Strong Commitment to Site – Recent Interior Store Remodel
• Strategic Location – Only Rite Aid/Walgreens Location within a 40+ Mile Radius
• Double Drive-Thru Location – Excellent Visibility & Access – Over 19,000 AADT
• Close Proximity to Siuslaw High School, Siuslaw Middle School & Siuslaw
Elementary School – Combined Enrollment of ~1,380 Students
• Nearby Major Tenants: Safeway, Fred Meyer, Bi Mart, Grocery Outlet,
O’Reilly Auto Parts, Dutch Bros, McDonald’s, US Bank, Taco Bell, Goodwill
• Ideal 1031 Exchange Asset – Tenant Pays Expenses Directly
• Deliverable Free and Clear of Existing Debt