Rite Aid
Port Huron, MI-48060
Overview
Price
$3,262,400
Cap Rate
6.50%
NOI
$3,262,396
Leasable Area
11,127 SF
Year Built
1997
Occupancy
113%
Status
Available
Price Per SF
$293
Property Highlights
NMR & Associates is pleased to present a Rite Aid pharmacy located at 1607 24th Street in Port Huron, MI. This 15 year NN
lease has minimal land-lord responsibilities. The lease has a corporate guarantee and three,five year options. There is over 10
years remaining on the lease which will expire on 1/31/2029. The property is situated in a local retail area with over 61,300
residents within five miles. The median home value within five miles exceeds $101,000 and the average household income
exceeds $58,000. The subject property is located near other retail tenants including Dollar General, Advance Auto Parts,
Arby’s, Sam’s Club, Sav-a-Lot, Family Dollar, Big Lots!, Art Van Furniture, Kroger and Ace Hardware.
