Rite Aid Pharmacy

Stock Price
Tenant News
Average Cap Rate Trend
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$4,000,000
Avg. Rent$275,000
Avg. Price/SF$375/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease EscalationsNone
Credit Rating
S & PB

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Tenant Description

Rite Aid is a drugstore operator headquartered in Camp Hill, PA. Despite recent turmoil, it remains one of the largest pharmacy chains in the nation in regards to market presence. It was ranked #94 on Fortune 500 company list in 2018 and currently operates 2500+ stores in approximately 19 states.

What To Look For When Buying A Rite Aid

Potential Bankruptcy, Future viability Of The Company

What We Like About Rite Aid

Great Real Estate, Rental increases in primary term of lease, High Cap Rate Deals


Walgreens, CVS

What Is Sold In A Rite Aid

Rite Aid stores service prescription drug customers and offer an assortment of other general merchandise, which it calls front-end products. Front end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, beverages, convenience foods, greeting cards, seasonal merchandise, and other everyday and convenience products, as well as photo processing. It offers approximately 3,300 products under the Rite Aid private brand.

Rite Aid Website


Corporate Office Location

30 Hunter Lane – Camp Hill, PA 17011

Fast Facts

It offers approximately 3,300 products under the Rite Aid private brand.

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