Rite Aid

5018 Clio Rd, Flint, MI

$2,275,449

Price

8.35%

Cap Rate

$190,000

NOI

Overview
Cap Rate
8.35%
NOI
$190,000
Building Size
11,100 sqft
Lot Area
1.46 acres
Year Built
1998
Description

.

.

Highlights
  • Absolute Net Lease | Zero Landlord Responsibilities
  • Lease is Corporately Guaranteed by Rite Aid Corp.
  • Recent Lease Extension | 6+ Years Remaining
  • Prototypical Free-Standing Building with Drive-Thru
  • 3.5 Miles Away from McLaren Hospital | 378-Beds
  • High Volume Traffic | Combined Traffic Counts Boast 45,624+ VPD
  • Average Household Income of $45,387 in 5 Mile Radius
  • Population within a 5 Mile Radius Exceeds 131,476
  • National Tenants Surrounding Investment Property: Chase Bank, Little Caesar, Metro By T-mobile, Boost Mobile, Happy's Pizza, Popeye's Louisiana Chicken and Many More
Location