![Exterior view of a Rite Aid drugstore with a drive-thru, set against a clear blue sky, surrounded by landscaped greenery.](https://e6pbtmrev5k.exactdn.com/wp-content/uploads/2024/04/Rite-Aid-Plaza-41001.jpg?lossy=1&ssl=1)
Rite Aid Pharmacy
Date
January 2015
Category
Drugstore, Retail
About this project
Recently negotiated and closed the sale of a freestanding, 17,272 square foot net-leased drugstore on 1.4 acres in in Granite Falls, WA. The remaining lease term at the time of sale was 14 years with Rite Aid Corporation (S&P: B) with lease escalations of 10% at Year 11, Option 1, and Option 3. The property is absolute triple-net with no landlord responsibilities.
To see available net lease CVS properties currently for sale, please click here.