11702 Lorain Ave
Cleveland, OH 44111
Rite Aid Pharmacy · Retail Property For Sale
Property Facts
About 11702 LORAIN AVE , CLEVELAND, OH 44111
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Rite Aid Pharmacy located in the city of Cleveland. The Rite Aid Pharmacy is strategically positioned at the corner of a signalized intersection. The property features a drive-thru and has excellent visibility and signage. Rite Aid Pharmacy has successfully operated at this location since 1998. There are more than 3 years remaining on the lease that features two 5-year renewal option periods. Rite Aid Pharmacy is one of the nation's leading drugstore chains and the largest drugstore chain on the East Coast. The 10,753 square foot Rite Aid Pharmacy is strategically positioned at the signalized intersection of Lorain Avenue and 117th Street; two primary thoroughfares in the area. The intersection experiences a traffic count of 51,570 vehicles per day. The property can be accessed from four thoroughfares; Lorain Avenue, Geraldine Avenue, 117th Street and 118th Street. The Rite Aid Pharmacy is located less than one-quarter miles south of Interstate 90, with easy interchange access. Interstate 90 experiences traffic counts in excess of 113,980 vehicles per day.
Property Taxes
| Parcel Number | 021-22-008 | Improvements Assessment | $1,187,300 |
| Land Assessment | $313,600 | Total Assessment | $1,500,900 |
Property Taxes
