RITE AID PORTFOLIO

798 SUNBURST HIGHWAY

http://798%20SUNBURST%20HIGHWAY

798 SUNBURST HIGHWAY

http://423%20East%20North%20Ave

423 East North Ave

http://423%20East%20North%20Ave

423 East North Ave

http://3615%20E.%20Northern%20Parkway

3615 E. Northern Parkway

http://3615%20E.%20Northern%20Parkway

3615 E. Northern Parkway

http://1600%20N.%20PATTERSON%20PARK%20AVE

1600 N. PATTERSON PARK AVE

http://1600%20N.%20PATTERSON%20PARK%20AVE

1600 N. PATTERSON PARK AVE

RITE AID PORTFOLIO
Baltimore and Cambridge, MD

PRICE $6,540,000
GLA 36,228 SF
PROPERTY TYPE Retail
CAP RATE 6.75%
LEASE TYPE Absolute NNN
LEASE EXPIRATION Feb. 2019
YEAR BUILT N/A
DEMOGRAPHICS
Total Population
1 – mi. – N/A
3 – mi. – N/A
5 – mi. – N/A
More info in the flyer

INVESTMENT HIGHLIGHTS

  • All properties are NNN leased to Rite Aid and may be purchased separately
  • 4 Free-standing buildings – 3 locations in Baltimore and 1 in Cambridge
  • 2 Stores Rite Aid stores, 1 Store subleased to Family Dollar, and 1 Store subleased to Save Land Food Mart
  • All Stores are guaranteed by Rite Aid Corp
  • The four properties included in this sale are located at 423 East North Ave, 3615 Northern Parkway, 1600 North Patterson Park Ave in Baltimore, MD and 798 Sunburst Highway, Cambridge, MD

City:Baltimore & Cambridge
State:MD
Square Feet:36,228 SF
Price:$6,540,000
Cap Rate:6.75%

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