1502 Executive Dr St Marys, OH 45885

Listing agency Pharma Property Group Show Phone

Listed by Jason Pongsrikul · License #CA 01918332

Source Crexi

Added: Apr 12 Updated: Jul 21 at 2:20AM Checked: Jul 21 at 1:04PM

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Investment Insights

Based on property information with market context.

This is a single-tenant Rite Aid retail pharmacy property in Saint Marys, Ohio. The 14,564-square-foot freestanding building has been operating at the location for 18+ years and the tenant recently agreed to an additional 5-year term through July 2030. The lease includes rental increases during the initial term and in each of the 5-year extension options, including a 9.3% increase at the first extension option.

The property is located near the off-ramp of Highway 29 from U.S. Route 33, identified as the main highway merge in the community. St. Marys Square, a major commercial hub, is directly across the street, and it includes national retailers such as Big Lots, Goodwill, Bath & Body Works, Dollar Tree, and Tractor Supply Co., anchored by Celina Tents. The Grand Lake Healthcare Center is also across the street, and Memorial Hospital is about 3 miles to the east.

Key Highlights

• Single‑tenant Rite Aid property in St. Marys, Ohio in a 14,564 SF freestanding retail pharmacy building on Highway 29
• Rite Aid has operated at the location for 18+ years and agreed to an additional 5‑year term through July 2030
• Lease includes rental increases during the initial term and each 5‑year extension option, including a 9.3% increase at the first extension

Property Analytics

Location Intelligence

Similar Off Market Nearby

• Rite Aid Pharmacy — 1502 Executive Dr, St Marys, OH 45885
• James M. Hay, RPh — 1502 Executive Dr, St Marys, OH 45885
• Laura A. Cunningham, RPH — 1502 Executive Dr, St Marys, OH 45885
• Avon by Jodia Long — 1129 Nagel St, St Marys, OH 45885

FAQs

What type of property is this?

Drug store - Rite Aid occupies a freestanding retail pharmacy building on Highway 29 near the U.S. Route 33 off-ramp.

Where is this drug store located?

The property is located at 1502 Executive Dr St Marys, OH.

What are key features of this property?

This property features: Single‑tenant Rite Aid property in St. Marys, Ohio in a 14,564 SF freestanding retail pharmacy building on Highway 29; Rite Aid has operated at the location for 18+ years and agreed to an additional 5‑year term through July 2030; Lease includes rental increases during the initial term and each 5‑year extension option, including a 9.3% increase at the first extension