Rite Aid NNN
For Sale
Contact for pricing
894 Oak Valley Parkway, Beaumont, CA 92223
Corporate-guaranteed absolute NNN lease with an integrated drive-thru pharmacy.
Property SizeContact for details
Days on Market143
Property Features for 894 Oak Valley Parkway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
MacroReal Commercial Inc
(626) 236-8934
Listed By:
Grady Liu · License #CA 01290494
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 6:27PM
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 MacroReal Commercial Inc
Investment Insights
Based on property information with market context.
This Beaumont retail property comprises a 17,272-square-foot Rite Aid drugstore with a drive-thru pharmacy. The fee simple offering includes both the land and building improvements. Rite Aid Corporation provides the corporate lease guarantee, and the property is occupied under an absolute NNN lease.
The lease began in August 2007 and has approximately 10 years remaining. Four five-year option periods provide alternating 10% and 5% rent increases. The property is located at 894 Oak Valley Parkway in Beaumont, California, near Interstate 10, where traffic counts exceed 95,000 vehicles per day. The investment is represented at a 5.49% cap rate.
The lease began in August 2007 and has approximately 10 years remaining. Four five-year option periods provide alternating 10% and 5% rent increases. The property is located at 894 Oak Valley Parkway in Beaumont, California, near Interstate 10, where traffic counts exceed 95,000 vehicles per day. The investment is represented at a 5.49% cap rate.
Key Highlights
- 17,272‑square‑foot Rite Aid drugstore
- Drive‑thru pharmacy included
- Absolute NNN lease with Rite Aid Corporation guarantee
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 92223, CA
59,924
Population
20,579
Households
2.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
45.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$100,462
Median Household Income
$50,162
Median Earnings
$1,496
Median Rent
$458,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed absolute NNN lease with an integrated drive-thru pharmacy.
Where is this nnn property located?
The property is located at 894 Oak Valley Parkway Beaumont, CA.
What are key features of this property?
This property features: 17,272‑square‑foot Rite Aid drugstore; Drive‑thru pharmacy included; Absolute NNN lease with Rite Aid Corporation guarantee
