Rite Aid (Leasehold) 180 Main St 14,673 SF 4-Star Retail Building Cheshire, CT 06410 $3,548,423 CAD ($241.83 CAD/SF) 16% Cap Rate
EXECUTIVE SUMMARY
• Extremely strong performing location with low rent to sales ratio (contact broker for more details)
• Positioned within the Hartford-New Haven MSA
• Recently extended lease following bankruptcy, indicating strong tenant commitment
• Long operating history from this location
• NNN - no landlord responsibilities
• Located along Main Street (12,800 VPD)
• Af?uent community - $194,907 average income within three miles
• Over 80,000 people live within a ?ve-mile radius
• Neighboring retailers include Stop & Shop, Marshalls, Bank of America, Verizon, and several others
• Positioned within the Hartford-New Haven MSA
• Recently extended lease following bankruptcy, indicating strong tenant commitment
• Long operating history from this location
• NNN - no landlord responsibilities
• Located along Main Street (12,800 VPD)
• Af?uent community - $194,907 average income within three miles
• Over 80,000 people live within a ?ve-mile radius
• Neighboring retailers include Stop & Shop, Marshalls, Bank of America, Verizon, and several others
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,673 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2010
Price
$3,548,423 CAD
Price Per SF
$241.83 CAD
Cap Rate
16%
NOI
$567,748 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.96 AC
Zoning
C-2
Parking
58 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
1’ on Main St.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Jan 2031
Rite Aid Corporation is on the front lines of delivering health care services and retail products to over one million Americans daily. Their pharmacists are uniquely positioned to engage with customers and improve their health outcomes. Rite Aid Corporation provides an array of whole being health products and services for the entire family through their retail pharmacy locations across the United States.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Jan 2031 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | CHES-000057-000242 | Improvements Assessment | $5,788,870 CAD |
| Land Assessment | $816,344 CAD | Total Assessment | $6,605,214 CAD |
