Rite Aid - Net Lease Property for Sale
Lake Ariel, PA
Key Investment Metrics
Price
$2,275,000
Cap Rate
0.0%
Net Operating Income
$0
Building Size
14673 SF
Lot Size
14,673 SF
Land Area
1.48 Acres
Year Built
2009
Tenancy
Single
About This Rite Aid Net Lease Property
This Rite Aid NNN (triple net lease) property is located in Lake Ariel, PA and represents an excellent investment opportunity for commercial real estate investors. The property features 14673 square feet of building space and was built in 2009.
With a cap rate of 0.0%, this Rite Aid net lease property offers stable income potential. The asking price is $2,275,000, making it an attractive option for 1031 exchange investors seeking quality Rite Aid commercial properties.
Why Invest in Rite Aid NNN Properties?
- Stable Income: Rite Aid net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Rite Aid is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Lake Ariel, PA Market Overview
Located in Lake Ariel, PA, this Rite Aid property benefits from strong local demographics and market fundamentals. The Lake Ariel area offers excellent visibility and accessibility, making it an ideal location for Rite Aid operations and a solid investment for net lease property buyers.