Rite Aid Pasco

Location: Pasco, WA
Type: Retail
Price: $3,950,000

SMC has provided a $3,950,000 loan to refinance previous CMBS debt. Rite Aid Pasco is a 17,272 SF freestanding retail property located in Pasco, WA. The Property is located at 215 North 4th Avenue, and is currently 100% leased to Rite Aid through January 31, 2026. The Subject was built in 2005. The Property is located in downtown Pasco on West Bonneville Street between North 3rd and 4th Avenues, less than one mile south of Interstate-182 and three miles south of Tri-Cities airport. Traffic counts at this location are approximately 15,000 vehicles per day (“VPD”), per CoStar. The Property was built in 2005 and offers a drive-thru pharmacy as well as a GNC LiveWell center, a Blue Rhino propane filling station, and a Goodwill donation bin.