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- LoopNet Team
2709 Broadway
Lorain, OH 44052
Former Rite Aid · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
ABOUT 2709 BROADWAY , LORAIN, OH 44052
The 11,325 square foot Rite Aid benefits from its hard corner location along Broadway Ave (18,100 VPD) which is a primary north-south thoroughfare. Retailers in the immediate area include Apples Market, Sherwin-Williams, Walgreens, CVS, McDonald’s and AutoZone. Additionally, the property is near Lorain High School (2,131 students) which drives continual traffic to the area. There are over 100,000 people living within five miles of the property. The Rite Aid lease expires in 2027 and features six 5-year renewal option periods with $1 PSF rental escalations in each option. Rite Aid Corporation operates 2,526 stores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in East Pennsboro Township, Pennsylvania. Rite Aid is publicly traded on the New York Stock Exchange using the symbol “RAD”.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $746,747 | |
| Land Assessment | $172,104 | Total Assessment | $918,849 |
PROPERTY TAXES
