OFFERING PRICE:
$8,805,000

TOTAL BUILDING AREA:
±21,440 SF
FEATURED LISTING:
RITE AID
19701 Yorba Linda Blvd., Yorba Linda, CA
INVESTMENT HIGHLIGHTS
 
Orange County STNL Investment – Few quality infill STNL assets come to market in Orange County in established grocery anchored shopping centers, making this NNN leased Rite Aid a rare and compelling retail investment opportunity
 
National Corporate Credit TenantRite Aid Corporation (NASDAQ: RAD) is the third largest retail pharmacy, health and daily living destination in the U.S. Rite Aid operates over 2,400 locations, employs over 53,000 people, has a market capitalization over $721 million and revenue exceeding $21 billion
 
Long-Term Lease – Rite Aid has operated at this location since 1972 and signed a new, 15-year firm term lease in 2017, increasing its rent while further committing to the site
 
» Rite Aid has 11 years of firm remaining lease term (expires Dec. 2031) and a 10% rental increase commencing January 2027
 
Highly Trafficked Shopping Center – Rite Aid is part of Country Club Village an 83,675 SF, grocery anchored shopping center featuring co-tenants; Trader Joe’s, HomeGoods, Bank of America, Pizza Hut, Keller Williams, Pilates Plus, Cool Smiles Orthodontics, Country Club Barbers and Chevron (all NAP) among others
 
More than 13,200 people in a 1-mile radius with an Average Household Income exceeding $176,600
 
More than 90,200 people in a 3-mile radius with an Average Household Income exceeding $163,500
 
More than 224,300 people in a 5-mile radius with an Average Household Income exceeding $156,900


CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST 
JIMMY SLUSHER
+1 949 725 8507
Lic. 01857569
[email protected]
 
SEAN HEITZLER
+1 949 725 8468
Lic. 02025087
[email protected]
 
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
[email protected]
 

THIS IS A MARKETING COMMUNICATION

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