Rite Aid NNN Properties for Sale
5 live Rite Aid listings as of October 7, 2026.
Rite Aid cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| 7.00% – 7.99% | 4 | $4.45M |
| 8.00% and above | 1 | $6.31M |
Rite Aid listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Louisiana | 1 | 7.00% |
| New York | 1 | 8.75% |
| North Carolina | 1 | 7.10% |
| Pennsylvania | 1 | 7.00% |
Rite Aid remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 2 | 7.05% |
| 5 – 9.9 years | 1 | 7.00% |
| 15+ years | 2 | 7.88% |
Buying Rite Aid in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
2 of the 5 live Rite Aid listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Rite Aid due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
Rite Aid net lease FAQ
How many Rite Aid net lease properties are for sale?
Net Lease World shows 5 live Rite Aid listings as of October 7, 2026.
What cap rates are Rite Aid properties listed at?
Live Rite Aid listings with a published cap rate range from 7.00% to 8.75%, with a median of 7.00% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Rite Aid property?
The median asking price across live Rite Aid listings with a published price is $4.64M (as of October 7, 2026).
Which states have the most Rite Aid listings?
Louisiana (1), New York (1), North Carolina (1). Listings appear in 4 states in total (as of October 7, 2026).
How much lease term is left on Rite Aid listings?
The median remaining primary lease term is 6.0 years; 2 listings have 10 or more years remaining (as of October 7, 2026).
Live Rite Aid listings
- Rite Aid (Guaranteed by Walgreens) — Gonzales, LA · Asking $2.95M · 7.00% cap rate
- Rite Aid — Greece, NY · Asking $6.31M · 8.75% cap rate
- Rite Aid — Conneaut Lake, PA · Asking $4.64M · 7.00% cap rate
- Rite Aid — Greenville, NC · Asking $3.94M · 7.10% cap rate
- Rite Aid · Asking $6.25M · 7.00% cap rate