Rite Aid NNN Asset

Rite Aid (Carll’s Corner) | Bridgeton, NJ

Sands Investment Group is Pleased to Present For Sale the Rite Aid NNN Asset Located in Bridgeton, New Jersey. This Deal Includes Approximately 7 Years Remaining on Base Term of the Triple Net (NNN) Lease Structure With Minimal Landlord Responsibilities, Providing a Best in Class Investment.

  •  ~7 Years Remaining on Base Term of the Lease
  • NNN Lease Structure With Minimal Landlord Responsibilities
  • Rare 10% Rental Increases at Each Option Period Provides Hedge Against Inflation
  • Low Rent/Healthy Store Sales (Contact Broker For Additional Information)
  • Rite Aid Has Been One of the Top Tenants and Primary Appeal to the Immediate Trade Area
  • Rite Aid is the Largest Drug Store Chain on the East Coast and the Third Largest Drugstore Chain in the Country
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant
  • Located in Carll’s Corner Shopping Center, With High Foot Traffic Making it a Destination Location Providing a Built-in Customer Base
  • Strong Traffic Counts – Over 24,000 Vehicles Per Day on the Bust Intersection of Cornwell Drive and N Pearl Street
  • Affluent Trade Area – Average Household Income Over $65,000 Within a 3-Mile Radius
  • Dense Population Base – Over 40,000 People Within 5-Miles
  • Nearby Retailers and Businesses Include – Walgreens, McDonald’s, WaWa’s, Pizza Hut, Burger King, DaVita, Fresenius, T-Mobile, Aldi, Dunkin’s, Wendy’s and More

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Illinois Cancer Specialist | Niles, IL


  • NNN Lease Structure with Minimal Landlord Responsibilities (Roof & Structure)
  • New Roof – Seller Replaced the Roof in 2017
  • Rare 1.5% Annual Increases Providing Hedge for Inflation and Strong Income Growth
  • ~6 Years Remaining on a 10 Year Lease
  • Physician Reliance, LLC is a Wholly Owned Subsidiary Of McKesson Corporation
  • McKesson Corporation Reported 2016 Revenues of Over $190 Billion
  • Operator is a Member of the US Oncology Network, the Largest Network of Community Oncologists in the US
  • Close Proximity to Other Medical Buildings, Including Brookdale Niles Senior Living, Golf Surgical Center and Presence Holy Medical Family Medical Center
  • Located a Half Mile from Golf Mill Shopping Center: Nearby Retailers Include Target, Walmart, Kohl’s, CVS, Toys”R”Us, Jo-Ann Fabrics, Ross and Much More
  • Approximately 330,000 People Within a 5-Mile Radius
  • Strong Household Income Over $100,000 Within 5-Miles

In Cooperation with JDS Real Estate Services, Inc. Lic # 471.018303