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Rite Aid NNN Corporation lease 15 years left with 10% Cap
Rite Aid NNN Investment Buffalo NY
2401 Genesee Street, Cheektowaga, NY 14225
Price 3,355,920
Building Size:10,908 SF
Net income $335592
Description
: : 10% CAP rate
: : 9 Years Remainging on Lease, Plus Options
: : Tenant will extend lease to 15 years * Call brokers for more info.
: : Rite Aid Corporation (NYS E: RAD)
: : Full Reporting of Annual Sales, Including Pharmacy
: : Absolute Net Lease- No Landlord Responsibility
: : Strong Unit Performer- Excellent Sales Low Rent to Sales Ratio
: : Rite Aid is the #1 Drugstore Chain in Buffalo with 39.4% Market Share
The town of Cheektowaga is suburb of Buffalo NY located in Western New York State. The property is located Genesee St. near the Buffalo Niagara International Airport. Close proximity to New York State Thruway, Kensington Expressway and downtown Buffalo, in a residential neighborhood. Within a mile of this property there are no other competitive Drug Store retailers.
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发表于 2013-3-19 11:34:50
