Rite Aid recently filed for Chapter 11 in an effort to restructure existing debt which has ballooned as a result of rising rates. Due to this, Rite Aid has either closed down existing stores or restructured existing leases for the stores that are performing.

This Rite Aid in Greenville, PA has had the good fortune of being one of the locations where the tenant has chosen to continue operations under an amended lease. The amended terms provided a new owner the security of having Rite Aid Corp on the lease for a guaranteed term of four years ending January 31st, 2028. The options and the increases have remained unchanged. Please refer to the Rent Schedule for more details.

Rite Aid Corporation is a healthcare company that operates a retail drugstore chain. The Company is engaged in providing its services to customers and communities through various programs. It operates through two segments: the Retail Pharmacy segment and the Pharmacy Services segment. The new lease addendum can be provided upon request.

Please submit a request to see the full offering memorandum.