1502 Executive Dr | Saint Marys, OH 45885
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- LoopNet Team
1502 Executive Dr
Saint Marys, OH 45885
Rite Aid Recent Extension Rental Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rite Aid recently executed a 5-year lease extension taking the lease out to 7+ years.
- Only national brand drugstore within 8-mile radius and only Rite Aid location in a 16-mile radius.
- Adjacent to Grande Lake Healthcare Center with 45 beds and 3 miles from Grand Lake JTD Memorial Hospital with 140 beds.
- Rental increases in the primary term and extension options, including a 9.3% increase at the first extension option.
- Across from ±348,000 SF of retail space.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,741 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.62 AC
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $448,400 | |
| Land Assessment | $50,210 | Total Assessment | $498,610 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$50,210
Improvements Assessment
$448,400
Total Assessment
$498,610
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