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Published on: Friday, August 23, 2024

Updated on: Thursday, March 27, 2025

About the Lister

Name: Ryan Bennett

Company: NNN Investment Group

Office Phone: 760-448-2449

Cell Phone: 760-519-0240

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Financing Business Material

Rite Aid | Dover NH.

679 Central Ave Dover New Hampshire , 03820

NNN Investment Group
Listing ID: CL-New Hampshire-115 Free Standing /Retail

Purchase Option

Asking Price: $3,347,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): Contact Lister

Net Operating Income: Contact Lister

Quick Glance

Listing ID: CL-New Hampshire-115

Status: Sold

Financing: Third Party Financing

Occupancy: 100%

Year Build: 2001

Building Size: 11,002.00 SqFt

Lot Size: 50,965.00 SqFt.

No of Stories: 1

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: Yes

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

Listing Summary

Complete Details

Year Build: 2001

Building Size: 11,002 SqFt.

No of Stories: 1

Total Lot Area: 50965 SqFt.

No of Parking: N/A

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: A

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: Yes

Roofing: Not Specified

Occupancy: 100%

Full Description

Lee & Associates, listed in conjunction with New Hampshire real estate broker Bang Realty-New England, Inc (License 075993), is pleased to exclusively offer for sale the opportunity to acquire the fee simple interest (land & building) in a Rite Aid investment property located in Dover, New Hampshire (the “Property”). Constructed in 2001, the Property consists of a 11,002-square-foot retail building situated on a 1.17-acre parcel. The subject property has a corporate guaranteed lease by the Rite Aid Corporation (NYSE: RAD). Rite Aid is currently the third largest retail pharmacy in the US. With over 2,400 stores in 17 states and the District of Columbia, Rite Aid has a strong presence on both the West and East Coasts. In 2020, Rite Aid announced their new RxEvolution overhaul strategy, which includes introduction of new merchandising, implementation of cutting-edge workflow practices, re-engineering of pharmacy team engagement, workspace improvements, and state of-the-art technological/digital upgrades. The initiative will see Rite Aid spending nearly $700 million in the coming years to complete the overhaul.

Additional Properties

Features

APN 33017081500

Additional Links

Contacts

Associate/Business Development: Drew Olson, Phone: 760.448.1372 ,

Listing Location

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