Highlights

• Newer Construction, New 20 Year Net Lease- Zero Landlord Obligations
• Rite Aid Corp. upgraded to Outperform by Raymond James Financial
• Rite Aid completed refinancing of debt and there is no long term debt due through 2016

• Year One Cash on Cash Return is: 10.90%
• Rite Aid (NYSE: RAD) Corporate Lease w/ Scheduled 10% Increases
• Rite Aid Corp. shares are up over 225% since April

Description

This offering is the rare opportunity for an investor to acquire an absolute net leased Rite Aid asset with a brand new 20 year lease. The lease term is 20 years with a 10% bump every 10 years. The lease is net and provides for zero landlord responsibilities.

Rite Aid Corp. (NYSE: RAD) Highlights:

*Rite Aid Corp. upgraded to Outperform by Raymond James

*Rite Aid Corp. shares are up over 225% since April

*Rite Aid Corporation enjoys over $26b in Annual Sales

*Rite Aid Corp. has experienced an upward trend in stock price since mid-March 2009

*Rite Aid Corp. reported Same Store Sales Increase for May 2009

*Recently, Rite Aid (NYSE: RAD) announced that it has successfully completed its previously announced refinancing of the majority of its September 2010 debt maturities, including its $145 million Tranche 1 Term Loan and $1.75 billion senior secured revolving credit facility.

*Standard & Poor's Ratings Service raised the outlook of Rite Aid Corp. to "Stable" July 21 saying the drugstore operator is in a better position after refinancing much of its debt.

Havelock is a city in Craven County, North Carolina, United States. The population was 22,442 at the 2000 census, and estimated to be 21,906 in 2006. The city is home to Marine Corps Air Station, Cherry Point, the largest Marine Corps air station on the East Coast of the United States. Havelock is part of the New Bern, North Carolina Micropolitan Statistical Area.