Waterville Walgreens · Waterville ME See Location on Map
SOLD! Now a Walgreens
Subject Property is located at 210 Main St in Waterville, Maine! Currently operating as a Rite Aid Drugstore comprising of 14,673 +/- SF on 2.23 Ac of Land. Building has a drive-thru and the Wellness Plus Design. Property is located at a signalized intersection with 3 points of egress/ingress. This absolute NNN Lease has 13 years remaining on the primary term and has a Rite Aid Corporate Guarantee.
20 Year initial lease term with (6) 5-year options to extend.
*Sellers will provide a pledge account to increase NNN rent equal to Year 11 of the initial lease term. Pledge account would provide increased rent of $65,308/annually with 3 years remaining, ending 7/1/2019.
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