Rite Aid
Hanford, CA
$ 4,173,228
6.35 CAP
- Rite Aid added 10 years additional firm lease term in 2022.
- Absolute net lease with 18+ year operating history.
- 12 years remaining with 10% rental increases in first, third and fifth options.
- Located on one of the main intersections in Hanford with over 39,000 vehicles per day.
- Strategically located across the street from CVS.
- One mile west of 142-bed Adventists Health Hanford Hospital with over 4,000 employees.
- Across from Hanford Towne Center (222,000 SF) with Smart & Final, Staples and 99 Cents Only.
