Tenant: Rite Aid Premises: 13,818 SF Renewal Options: 4 x 5 Years
Lease Expiration: 05/29/2023 Lease Type: Absolute NNN Rental Increases: 2% Every 5 Years
Absolute Triple Net (NNN) Single Tenant Lease With No Landlord Responsibilities
~6 Years Remaining on the Lease
Rite Aid Corporate Guarantee
4 x 5 Year Options After Initial Term
Located on the Main Retail Corridor of Gaffney, Within 1-Mile of Interstate 85
Located on a Hard, Signalized Corner, Which Has Average Daily Traffic Counts of Over 23,000
Highly Visible and Uniquely Offers a Drive-Thru With an Additional Drop-Off Window
Strong Demographics With a Growing Population
Surrounding Tenants Include Pizza Hut, Dunkin’ Donuts, Advance Auto Parts, KFC, Walmart, Dominos Pizza, Cookout and Lowe’s Home Improvement
In Cooperation with Sands Investment Group Charleston, LLC – Lic# 20891
At Rite Aid, we have a personal interest in your health and wellness. That’s why we deliver the products and services that you, our valued customer, need to lead a healthier, happier life. Everyone at Rite Aid—from our knowledgeable, caring associates and pharmacists to the members of our board of directors—works together to provide you with a superior pharmacy experience.
Rite Aid Corporation is also proud to be one of the nation's leading drugstore chains. With approximately 4,600 stores in 31 states and the District of Columbia, we have a strong presence on both the East and West Coasts. Rite Aid is the largest drugstore chain on the East Coast and the third-largest in the United States, employing roughly 89,000 associates. Our company is publicly traded on the New York Stock Exchange under the ticker symbol RAD.