Rite Aid

Investment Overview

Investment Highlights

• Absolute NNN Lease with Zero Landlord Responsibilities
• 11 Years Remaining in Term with Nine, 5-Year Options
• Lease Supports Rent Increases of 5% in Years 6 and 11, and in Each Option
• Excellent Visibility with Frontage and Signage Along Martin Luther King Jr Blvd with Traffic Counts Over 40,900 Vehicles Per Day and University Drive with Traffic Counts of Over 21,500 Vehicles Per Day
• Easily Accessible with Multiple Points of Access Along Martin Luther King Jr Blvd, University Drive and Featherstone Street
• Strategically Positioned with Signalized Intersections on Two Corners of the Property
• NYSE: RAD | Third Largest Drugstore Chain in the U.S. with Over 2,245 Locations
• This Location Features a Drive Thru and Ample Parking
• Located 27 Miles From the Detroit City Airport