Print this page

Rite Aid - Aurora, CO

With the proposed debt, this investment opportunity would return 13.67% Cash on cash return after debt service, making this one of the best priced Rite Aid's in the Country. Offering a 20-year NN lease commenced in 1999, with 8.8-years remaining on base term. There are six 5-year options thereafter, with escalations on the anniversary of every option period. The lease also provides for percentage rent. The unit sales, on average for the past 36-months have been around $101 SF. There is also a Cingular Tower on the site that throws off another $15,000 in annual rent.

Additional Info

  • Address: : 19291 E Quincy Ave, Aurora, CO
  • Price: : $2,734,825
  • Net Rentable Area: : 14,962
  • CAP Rate: : 10.05%
  • Status: : SOLD