Rite Aid

160 Antelope Avenue, Woodlake, CA
Deal Type:
Net Lease
Price:
$5,600,000
Cap Rate:
4.95%
Current Rent:
$277,515
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 13.5 years
Renewal Options:
6x5 Year Options
Building Sq. Ft.:
14,673 SF
Rent Increases:
10% in year 10
Site Size:
0.95 Acres
  • rite aid stream capital partners
  • rite aid stream capital partners
  • rite aid stream capital partners
  • rite aid stream capital partners

Investment Highlights

  • Long term lease with over 13 years remaining on the initial term
  • Rare 10% rent increase in 2026 – average guaranteed return is a 5.31% cap rate
  • Complete market share – closest national drug store is over 11 miles away
  • Absolute NNN lease – zero landlord responsibilities
  • Hard corner location with double drive thru lane
  • Central California location – 40 miles south of Fresno and 12 miles east of Visalia

Listing Agents

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Broker of Record: Connor Shell, Lic: #01993313

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