Historical Retail Sale Listing - Rite Aid 11 years Remains on NNN

Retail For Sale

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Rite Aid 11 years Remains on NNN

2453 Elmwood Avenue, Kenmore, NY 14217

N/A

19,000 SF | Retail

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Retail Property - Off Market

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

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.

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

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