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Triple Net Pharmacy Property
For Sale
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1630 S Grand Ave, Pullman, WA 99163

Rite Aid in Pullman is offered for sale under an absolute triple net lease with more than seven years remaining.

Property SizeContact for details
Days on Market117

Property Features for 1630 S Grand Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Stream Capital Partners
Listed By: Jordan Koeppel · License #NY 10401317069
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 22 at 11:43AM

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 Stream Capital Partners

Investment Insights

Based on property information with market context.

SAB Capital is pleased to present a Rite Aid pharmacy property in Pullman, Washington. The asset is offered under an absolute triple net (NNN) lease structure with over seven years remaining in the base term.

The property is located in a dense retail trade area with more than 965,000 square feet of retail within one mile. Pullman is also home to Washington State University with more than 28,000 students.

As an NNN pharmacy investment, the offering is positioned around the existing leased structure and the remaining base-term duration.

Key Highlights

  • Rite Aid in Pullman, Washington offered for sale under an absolute triple net (NNN) lease
  • Over 7 years remaining in the base lease term
  • Located in a dense retail trade area with over 965,000 SF of retail within 1 mile

Property Analytics

Current Use

Western Union Bank LibertyX Bitcoin ATM Atm higi Physician Rite Aid Pharmacy Pharmacy Rite Aid Photo (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Restaurant Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby
Well-served
Demand for This Use

Demographics for 99163, WA

34,416
Population
14,888
Households
2.3
Avg Household Size
26
Median Age
63%
College-Educated
98%
High-School Grad
210.7 sq mi
ZIP Area
163
Density / Sq Mi
$46,401
Median Household Income
$18,625
Median Earnings
$1,011
Median Rent
$412,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Carlene L. Emerson, PharmD 430 SE Bishop Blvd, Pullman, WA 99163
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  • GNC 1656 S Grand Ave, Pullman, WA 99163
  • Sid's Pharmacy 825 SE Bishop Blvd # 301, Pullman, WA 99163
  • Walmart Pharmacy 1690 SE Harvest Dr, Pullman, WA 99163

Frequently Asked Questions

What type of property is this?
Drug store - Rite Aid in Pullman is offered for sale under an absolute triple net lease with more than seven years remaining.
Where is this drug store located?
The property is located at 1630 S Grand Ave Pullman, WA.
What are key features of this property?
This property features: Rite Aid in Pullman, Washington offered for sale under an absolute triple net (NNN) lease; Over 7 years remaining in the base lease term; Located in a dense retail trade area with over 965,000 SF of retail within 1 mile
More about this property
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