Lowest Cap Rate
6.10%
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
0.00%
Average Cap Rate over previous quarter
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
7.19
6.66
7.18
N/A
N/A
6.27
*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
Dover, NH6.75%
Fresno, CA7.02%
Aston, PA8.83%
Top Consumer Traffic
Bakersfield, CA594,000
Perris, CA578,000
El Centro, CA577,600
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
