Former Rite Aid - For Sale or Lease

Investment Overview

Investment Highlights

• Repositioning or Redevelopment Opportunity – Modern, former Rite Aid building available for lease or sale, offering flexibility for an incoming investor or user
• 14,673 SF Modern Construction – Built in 2009 and situated on 1.48 acres, providing ample parking and efficient site layout
• Transferrable Roof Warranty - Firestone Red Shield roof warranty in place through 10/19/2029
• Prominent Hard-Corner Signalized Location – Signalized intersection along Hamlin Highway with visibility to over 10,500 vehicles per day
• Affluent Surrounding Community – Average household income within a 3-mile radius exceeds $79,697, supporting strong retail demand
• Strategic Location & Accessibility – Lake Ariel, located in Wayne County, PA, is just 30 minutes from Scranton and two hours from New York City, with convenient access to major highways
• Popular Second-Home & Vacation Market – Known for its scenic lakes, forests, and outdoor recreation, Lake Ariel attracts both full-time residents and seasonal visitors from Pennsylvania, New Jersey, and New York.
• National Tenants Surrounding Site: CVS Pharmacy, Mavis Tires, Weis, Goodwill, Verizon, Dunkin Donuts, McDonald's, Tractor Supply, Advance Auto Parts, Napa, Valero, Dollar Tree, and more