Lowest Cap Rate
6.75%
Lowest Cap Rate over past 24 months
Average Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Rite Aid is one of the leaders in the retail drugstore industry selling prescription medications, over-the-counter medications and daily lifestyle items. Based out of Camp Hill, PA, Rite Aid has over 2,300 locations in 19 states and was ranked at #150 on the Fortune 500 companies of 2020. Rite Aid prototypes are usually anywhere from 11,000 - 15,000 SF, with a 20-year lease term with varying rent escalations.
Property & Lease
Sales Price Range$2,000,000 - $7,000,000
NOI Range$150,000 - $450,000
Building SF11,000 - 15,000
Lease Term20 Years
EscalationsVaries
Stock SymbolNYSE:RAD
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
7.60
7.61
7.25
N/A
N/A
7.16
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Visalia, CA8.16%
Huntingdon, PA8.00%
Dover, NH6.75%
Top Consumer Traffic
Pittsburgh, PA448,500
Brooklyn, NY415,200
El Centro, CA404,100
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
