For Sale
Rite Aid | Hampton, VA
Asking Price: $10,075,000 | Cap Rate: 6.75%
- Net Operating Income: $680,077
- Weighted Avg. Lease Term (WALT): 16 Years
- Lease Type: Absolute Net
Property Highlights
- Relocation of one of the top grossing Rite Aids in historic Hampton, Virginia
- High barrier to entry location - limited commercial zoning in the area
- 16 years remaining on 20 year Absolute Net Lease
- Lease is corporately guaranteed by Rite Aid, Inc.