This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
894 Oak Valley Pky
Beaumont, CA 92223
Rite Aid · Retail Property For Sale
PROPERTY FACTS
Amenities
- Drive Thru
About 894 Oak Valley Pky , Beaumont, CA 92223
***Rite Aid***NNN Investment Opportunity MacroReal Commercial, Inc. is pleased to present the rare opportunity to acquire the fee simple interest (Land & Improvement) in Rite Aid drugstore, an absolute NNN Leased, Investment property priced at a 5.49% cap rate located in the city of Beaumont, California. Rite Aid is currently within a 20-year triple net lease that commenced in August of 2007 with alternating ten Percent (10%) and five percent (5%) rental increase for the four 5-year option periods. Approximately 10 years remaining on the lease. The lease is corporate guaranteed by Rite Aid Corporation. Rite Aid, with annual revenues exceeding $27.9 billion, is one if the nation’s leading drugstore chains with more 4,560 stores in 31 states and the District of Columbia. The subject property is a 17,272 square feet Rite Aid with drive-thru pharmacy located in Beaumont. In close proximity to Interstate-10, a major East-West Interstate Highway in California with direct traffic counts in excess of 95,000+ vehicles per day.
PROPERTY TAXES
Parcel Number | 400-520-009 | Improvements Assessment | $5,778,387 |
Land Assessment | $2,231,037 | Total Assessment | $8,009,424 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 11447636
Date on Market: 2/1/2018
Last Updated:
Address: 894 Oak Valley Pky, Beaumont, CA 92223
The Retail Property at 894 Oak Valley Pky, Beaumont, CA 92223 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.