Former Rite Aid

Garden Grove, CA

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Key Details

Total GLA
27,649 sqft
Center Type
Retail

Property Highlights

  • Former Rite Aid (27,649 SF Bldg) 
  • Situated on 2.236 Acres of Land 
  • Rite Aid lease expiration date of December 31, 2025 
  • $194 Per Building SF and $55 Per Land Value SF 
  • Located just North of the 405 Freeway and the 22 Freeway 
  • Capitalization rate of 7.00% 
  • Below market lease rate 
  • 99 Cents Only and Chase Bank within shopping center 
  • Opportunity to negotiate early lease termination with Rite Aid 
  • Traffic Counts of 102,546 Cars Per Day 
  • Upscale suburban neighborhood 
  • Average household income within 1-mile radius is $137,741 

Anchor Tenants

  • 99 Cents Only