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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
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