Rite Aid Triple-Net
For Sale
Contact for pricing
34 S Allison Ave, Xenia, OH 45385
Standalone Rite Aid on an approximately 1.92-acre parcel, offered subject to a 20-year absolute triple-net lease.
Property Size14,564 SF
Lot Size1.92 Acres
Days on Market131
Property Features for 34 S Allison Ave
General Information
Standard status
Active
Size
14,564 SF
Lot size
1.92 Acres
Property subtype
Retail
Amenities
drive through
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 14 at 7:53AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The property is a Rite Aid pharmacy building totaling approximately 14,564 rentable square feet, situated on an estimated 1.92-acre parcel. The site is leased under a 20-year absolute triple-net (NNN) structure with six years remaining. Rent is stated as $394,583, with 10% increases every 10 years. The lease also includes four five-year tenant renewal options, which could extend the total possible lease term by an additional 20 years.
The offering is described as being located in Xenia’s main retail corridor, with surrounding national tenants and traffic drivers including Lowe’s, Walmart, and the town’s school system.
The site is noted to include drive-through functionality and has undergone a recent remodel to the new Rite Aid logo.
The offering is described as being located in Xenia’s main retail corridor, with surrounding national tenants and traffic drivers including Lowe’s, Walmart, and the town’s school system.
The site is noted to include drive-through functionality and has undergone a recent remodel to the new Rite Aid logo.
Key Highlights
- Standalone Rite Aid at 34 S Allison Ave, Xenia, OH 45385 on an estimated 1.92‑acre parcel
- Approximately 14,564 rentable SF building offered subject to a 20‑year absolute triple‑net (NNN) lease
- Lease has 6 years remaining, with four (4) five‑year tenant renewal options extending the term by 20 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
186k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 39%
Home Improvements & Furnishings 3%
Apparel 3%
McDonald's
Dining
32,137 visits/mo
0.4 miles
Speedway
Shops & Services
16,394 visits/mo
0.5 miles
Wendy's
Dining
16,287 visits/mo
0.5 miles
Roosters
Dining
14,862 visits/mo
0.4 miles
United Dairy Farmers
Shops & Services
13,652 visits/mo
0.5 miles
Demographics for 45385, OH
39,446
Population
17,097
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
92%
High-School Grad
137.2 sq mi
ZIP Area
288
Density / Sq Mi
$75,327
Median Household Income
$45,396
Median Earnings
$899
Median Rent
$197,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Alexandra Pearcy, RPH — 34 S Allison Ave, Xenia, OH 45385
- Walgreens Pharmacy — 537 W Main St, Xenia, OH 45385
- CVS Pharmacy — 35 S Allison Ave, Xenia, OH 45385
- Courtney Seekins — 35 s allison ave, xenia, oh 453853621
- Rite Aid Pharmacy (en) — 34 S Allison Ave, Xenia, OH 45385
Frequently Asked Questions
What type of property is this?
Drug store - Standalone Rite Aid on an approximately 1.92-acre parcel, offered subject to a 20-year absolute triple-net lease.
Where is this drug store located?
The property is located at 34 S Allison Ave Xenia, OH.
What are key features of this property?
This property features: Standalone Rite Aid at 34 S Allison Ave, Xenia, OH 45385 on an estimated 1.92‑acre parcel; Approximately 14,564 rentable SF building offered subject to a 20‑year absolute triple‑net (NNN) lease; Lease has 6 years remaining, with four (4) five‑year tenant renewal options extending the term by 20 years
