Rite Aid
San Diego, CA
Property Info
Summary
- Offering Price $7,889,200
- Cap Rate 5.25%
- Annual Rent (as of 01/2025) $414,183
- Lease Type NNN
Key Facts
High Profile SoCal Asset - 52K Vehicles Per Day
Infill Location - Grocery-Anchored Shopping Center
Dense Retail Corridor - Ralph's, Trader Joe's, Home Depot
236K Residents Within 5-Miles - Affluent Average HHI of $182,368
Corporately Guaranteed Lease - Below Market Rent
Triple Net (NNN) Lease - Exercised 5-Year Option (Jan 2025)
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