REBusinessOnline

RITE AID SELLS FOR $2.44M IN R.I.

NARRAGANSETT, R.I. — Marcus & Millichap has completed the sale of a 10,822-square-foot, freestanding Rite Aid in Narragansett for $2.44 million. The property was constructed in 1998 and is located at 1192 Boston Neck Road. Rite Aid is in year three of a 20-year, triple-net lease. Margaret Huelskamp and Brad Nathanson of Marcus & Millichap represented the seller, a New York-based limited liability company. Nathanson also represented the buyer, a New Jersey limited liability company.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties