Grant Kaku

Senior Associate

818.212.2686

"

You can never stop learning. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Zweiban

Senior Research Analyst

818.212.2731

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Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Ezra Orr

Senior Director, Digital Development

818.212.2730

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The only person you should try to be better than is the person you were yesterday."

Jesica Ocheltree

Operations Manager

818.212.2730

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Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Rite Aid

3230 West Elm Street, Lima, OH 45805

Price:
$5,220,300
CAP Rate:
6.00%
NOI:
$313,216
Net Rentable Area:
14,500 SF
Lot Size:
2.06 Acres
Year Built:
2008
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • 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 from the 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 from the site.

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