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Rite Aid 115 5th St

13,824 SF Retail Building Ellwood City, PA 16117 $5,000,000 ($362/SF) 8% Cap Rate

Drug Stores Pennsylvania Ellwood City 115 5th St, Ellwood City, PA 16117

Investment Highlights

  • Original 20-Year Lease Was Extended By 8 Years And Runs Through 2037 | Strong Commitment To The Site | Nearly 20-Year Operating History
  • Lease Corporately Guaranteed By Rite Aid Corporation | The Third Largest Drugstore Chain In The United States | 1,400+ Locations | 45,000+ Employees
  • Absolute Triple-Net (NNN) Lease | Zero Landlord Responsibilities | Approximately 12.5 Years Remaining

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Rite Aid
located at 115 Fifth St, Ellwood City, PA 16117. The site consists of
roughly 13,824 rentable square feet of building space on an
estimated 1.25-acre parcel of land. This Rite Aid is subject to a 20-
year Triple Net (NNN) lease, which commenced 3/9/2005. The
current annual rent is $400,000 and has scheduled increases of
12.45% in Option 1 and 1.54% in Option 2.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,824 SF
Building Class
C
Year Built
2005
Price
$5,000,000
Price Per SF
$362
Cap Rate
8%
NOI
$400,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.25 AC
Zoning
C\2
Frontage
256 FT on 5th St

Amenities

  • Signalized Intersection
  • Drive Thru
1 of 1
115 5th St, Ellwood City, PA - aerial map view
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Huntington National Bank
PNC Bank
WesBanco

PROPERTY TAXES

Parcel Number 13-039200 Improvements Assessment $818,700
Land Assessment $272,300 Total Assessment $1,091,000

PROPERTY TAXES

Parcel Number
13-039200
Land Assessment
$272,300
Improvements Assessment
$818,700
Total Assessment
$1,091,000
(332) 345-4222

Contacts

  • Listing ID: 33354441

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 115 5th St, Ellwood City, PA 16117

More public record information on 115 5th St, Ellwood City, PA 16117

The Retail Property at 115 5th St, Ellwood City, PA 16117 is currently available for sale. Contact NNN Pro Group for more information.

Nearby Listings

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115 5th St, Ellwood City, PA for sale Building Photo- Image 1 of 3
115 5th St - Ellwood City, PA - Main
115 5th St, Ellwood City, PA for sale Aerial- Image 2 of 3
115 5th St - Ellwood City, PA - Aerial

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Rite Aid | 115 5th St
(332) 345-4222 x

Rite Aid | 115 5th St

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Judson Kauffman

(332) 345-4202

(332) 345-4202

Hannan Ben Yosef

(332) 345-4384

(332) 345-4384

Matthew Sorace

(332) 345-7813

(332) 345-7813

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