Rite Aid - Lima, OH

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Pricing and Location


Price:   $5,093,000

Address:   3230 West Elm Street, Lima, OH 45805

Status:   Available

Property Details


CAP Rate: 6.15% Year Built: 2008
Net Rentable Area: 14,500 Price Per Sqft: $351.24
Lot Size (Acres): 2.06 NOI: $351.24

Marketing Materials


Property Description


• 20 year lease with six 5-year options
• 9.8 years remaining on base term of the lease
• Local income is strong at $74,645 within 1 miles radius fromthe site
• Large oversized lot at signalized hard corner
• Located just south of the University of Northwestern Ohio
• No other national drug store retailers within 1.8 miles fromthe site.

Download the Offering Memorandum for more information.

Area Map and Street View


What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557