Rite Aid Absolute Net
1030 Wolcott St Waterbury, CT 06705
For Sale
Contact for pricing
Single-tenant Rite Aid property offered for sale on an absolute net lease with approximately three years remaining.
Days on Market106
Property Features for 1030 Wolcott St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 2:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pharma Property Group
Investment Insights
Based on property information with market context.
This offering presents a Rite Aid retail property with an absolute net lease structure and no landlord responsibilities. The lease has approximately three years remaining before the subsequent three five-year options, following a recent lease extension and option addition. The property also includes additional rent from a sublease of a billboard located directly adjacent to the store.
The Rite Aid is situated in a dense retail corridor at the intersection of Wolcott Street and Lakewood Road. It is near Interstate 84 and positioned along a heavily traveled route between Boston, Hartford, and New York City.
The store has a successful operating history of 20+ years at this location. Ownership highlights that Rite Aid corporate guarantees the income, and the site is described as retained by Rite Aid in connection with its 2018 transaction involving Walgreens.
The Rite Aid is situated in a dense retail corridor at the intersection of Wolcott Street and Lakewood Road. It is near Interstate 84 and positioned along a heavily traveled route between Boston, Hartford, and New York City.
The store has a successful operating history of 20+ years at this location. Ownership highlights that Rite Aid corporate guarantees the income, and the site is described as retained by Rite Aid in connection with its 2018 transaction involving Walgreens.
Key Highlights
- Single‑tenant Rite Aid property with an absolute net lease structure and no landlord responsibilities
- Lease has approximately 3 years remaining before three (5‑year) options to follow
- Rite Aid corporate guarantees income (Fortune 500, S&P B‑rated) with the tenant maintaining over 2,500 locations
Property Analytics
Location Intelligence
Current Use by Public Records
CDReload - Online Bitcoin ...
Crypto Atm
higi
Physician
Rite Aid
Pharmacy
Rite Aid Photo
(Bike/Boat/Book/etc) Store
Vincent Longo
Pharmacy
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FAQs
What type of property is this?
Drug store - Single-tenant Rite Aid property offered for sale on an absolute net lease with approximately three years remaining.
Where is this drug store located?
The property is located at 1030 Wolcott St Waterbury, CT.
What are key features of this property?
This property features: Single‑tenant Rite Aid property with an absolute net lease structure and no landlord responsibilities; Lease has approximately 3 years remaining before three (5‑year) options to follow; Rite Aid corporate guarantees income (Fortune 500, S&P B‑rated) with the tenant maintaining over 2,500 locations