NNN Car Wash Listed Inventory – September 2026
NNN car wash inventory jumped to 299 listed properties in September 2026, a new high for the year and 61 more than August. B+E’s
Read More » Rite Aid
riteaid.com
14
Number on Market
$3.8M
Average Price
6.7
Average Remaining Term (Years)
6.77%
Average Cap Rate
Rite Aid Tenant Overview
Founded in 1962, Rite Aid is a pharmacy chain headquartered in Philadelphia, Pennsylvania. It operates over 1,200 stores in 17 states across the United States. Its largest presence is in California, with over 340 locations.
In addition to Rite Aid stores, the company operates and franchises several house brands that have a loyal customer base, such as the “Wellness” line of health and wellness products. Rite Aid properties are a staple in the net lease investment sales market due to the company’s credit rating, along with high-quality underlying real estate.
Rite Aid recently emerged from bankruptcy after cutting more than $2 billion in debt and securing approximately $2.5 billion in exit financing.
Tenant Data:
| Company | Rite Aid |
|---|---|
| Ownership | Private |
| Headquarters | Philadelphia, PA |
| Credit Rating | D (Fitch) |
| Annual Revenue | $24.1B (FY 2023) |
| Locations (North America) | ± 1,249 |
| Regions | Northeast, West, Midwest |
| Website | www.riteaid.com |
| Average Rite Aid Info | |
|---|---|
| Number on Market | 14 |
| Average Price | $3,819,083 |
| Average Remaining Term | 6.7 Years |
| Average Cap Rate | 6.77% |
| Average NOI | $252,341 |
| Average PPSF | $286 |
| Average Building SF | 12,706 SF |
| Average Lot Size | 1.75 AC |
| AS OF 05/05/26 | |
Featured Listings:
Available
- $4,250,000
Available
- $15,262,000
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