- NNN Lease
- Excellent Demographics – Over 350,000 people in 5-Mile radius
- Rent Increase in the Next Two Years
- High Return – 7.15% Cap Rate
- Exceptional Rent-to-Sales Ratio
Marcus & Millichap is pleased to present a NNN lease Rite Aid in Buffalo, NY. The subject property reports sales over $5 million annually, and it has been operating at the location since 2000. There are Four, 5-Year Options remaining with rental increases in each option period.
The Rite Aid location is surrounded by many national tenants which include Aaron’s, TOPS, Dollar Tree, Valero, and more.