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12208 Olean Rd
Yorkshire, NY 14173
Rite Aid · Retail Property For Sale

Investment Highlights

  • 20 Year Operating History | the Store has an Established Customer Base and is a Strong Performing Store
  • $0.28 Per Square Foot Rental Increase in Option Periods
  • Recent 10 Year Lease Extension Demonstrating Rite Aid’s Commitment to the Site
  • NN Lease | Minimal Landlord Responsibilities
  • Lease is Corporately Guaranteed by Rite Aid, Inc. / S&P “B” Rated
  • Initial Lease Commenced in 1997 and the Approximate 10-Year Term is the result of Seller Having Completed a B&E to Get it to 10 Years

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.06 AC
Zoning
C - Commercial
Parking
60 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
94’ on Olean Road

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage
  • Listing ID: 16914210

  • Date on Market: 8/14/2019

  • Last Updated:

  • Address: 12208 Olean Rd, Yorkshire, NY 14173

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