This Retail Property is Off-Market.

2453 Elmwood Avenue
Kenmore, NY 14217 ·

19,000 SF · Retail For Sale

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Rite Aid 11 years Remains on NNN

Price N/A Property Use Type Net Lease Investment with 10+ years left on lease
Building Size 19,000 SF Commission Split 1%
Property Type Retail Cap Rate 6.75%
Property Sub-type Anchor Tenancy Single
Listing ID: 18637149 Date Created: 04/02/2014 Last Updated: 07/10/2014

Description

On behalf of the ownership East Coast Realtors exclusively offers for sale a fee simple interest to Rite Aid on a long term triple net lease with zero landlord responsibility.

Location is a over 19,000 sq. of a building been at the site since 1989 operated under Eckerd unil Eckerd chain was acquired by Rite Aid.
Rite Recently extended the lease and renovated the store through their wellness remodel program which shows their commitment to the site for years to come. The store sales is well over 6 million gross.

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2453 Elmwood Avenue, Kenmore, NY 14217 (Erie County)

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