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Rite Aid 1001 N Central Ave 16,765 SF of Retail Space Available in Compton, CA 90222
HIGHLIGHTS
- Freestanding Former Rite Aid Building - Available August 1, 2025
- Located on Signalized NWC of Central Avenue & Rosecrans Avenue
- Excellent ingress/egress from three sides
- Store Size Availability: ±16,756 SF / ±56,256 SF Lot
- Prime corner visibility at a major retail corridor
- Established location previously operated by Rite Aid
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,765 SF | 5 Years | $24.00 /SF/YR $2.00 /SF/MO $402,360 /YR $33,530 /MO | Triple Net (NNN) |
1st Floor
For Lease: Former Rite Aid - Freestanding 16,756 SF Building
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- High Ceilings
- Emergency Lighting
- Drive Thru
- Freestanding Former Rite Aid Building - Available
- Store Size Availability: ±16,756 SF / ±81,375 SF L
- Located on Signalized NWC of Central Avenue & Rose
- Prime corner visibility at a major retail corridor
- Excellent ingress/egress from three sides
- Established location previously operated by Rite A
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT RITE AID
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 16,765 SF | Year Built | 1999 |
| Property Type | Retail | Parking Ratio | 5.07/1,000 SF |
| Gross Leasable Area | 16,765 SF |
| Total Space Available | 16,765 SF |
| Property Type | Retail |
| Gross Leasable Area | 16,765 SF |
| Year Built | 1999 |
| Parking Ratio | 5.07/1,000 SF |
ABOUT THE PROPERTY
Legendary Commercial Real Estate is pleased to present this former Rite Aid property located at 1001 N.? Central Avenue, Compton, CA.? The property is situated at a highly visible, multi-corner frontage along North Central Avenue, and West Rosecrans Avenue.? This ±16,756 SF freestanding former drug store offers a significant retail presence in a growing Compton trade area.? Ample parking and single-tenant configuration make this an ideal opportunity for a new user or investor.? This this area is comprised of national and regional tenants, including Food 4 Less, General Discount, Subway, Auto Zone, Taco Bell, Louisiana Fried Chicken, McDonald’s, Tams Burgers, O’Rielly Auto Parts, Grocery Outlet, Starbucks, Panda Express, 7-Eleven, T-Mobile, Wingstop, Domino’s, Davita Dialysis, and a Martin Luther King Medical satellite office.? Strong Traffic Counts: The combined traffic counts at the signalized intersection of N.? Central Avenue and W.? Rosecrans Avenue is ±65,642 vehicles per day.? Located at adjacent to The Brickyard in Compton, a recently developed 1-Million SF Industrial Park featuring a 525,000 sq.? ft.? UPS & Best Buy Distribution Centers.?
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Rite Aid | 1001 N Central Ave
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