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Rite Aid
Philadelphia, PA 19140

True NNN- RARE Urban Infill Site- Low Rent · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,564 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.27 AC
Zoning
G2
Parking
75 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
257 ft on N 5th Street

About Rite Aid , Philadelphia, PA 19140

We are pleased to offer to qualified investors an opportunity to purchase an absolute NNN leased investment that is fully occupied by Rite Aid (strong store sales) with approximately 11.5 years fixed remaining on the base term. Located in Philadelphia, PA the subject property comprises a 14,564 square feet building positioned on a rare 2.03 acre corner lot for Philadelphia, PA. Surrounded by dense residential, retail, medical, industrial/warehouse, and educational uses; the subject property benefits from a diverse set of surrounding use types providing long term stability and low downside risk. This is a rare opportunity to purchase an absolute NNN leased investment, with strong store sales, located on 2.03 acres just 4.5 miles from downtown Philadelphia, PA, with 11.5 years remaining and zero landlord responsibilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882756710
Land Assessment
$4,465,409
Improvements Assessment
$1,913,747
Total Assessment
$6,379,156
  • Listing ID: 15882577

  • Date on Market: 2019-04-26

  • Last Updated:

  • Address: Rite Aid, Philadelphia, PA 19140

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