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Home Finance Trader Joe’s Acquires 17,800 SQFT Former Rite Aid Site in Santa Monica for $22.45MM
FinanceIndustry NewsLos AngelesRetail

Trader Joe’s Acquires 17,800 SQFT Former Rite Aid Site in Santa Monica for $22.45MM

December 29, 20252 Mins read1.2k
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Grocery chain pays $1,261 per square foot for Wilshire Boulevard property with resolved zoning issues The grocery sector's appetite for well-located retail sites in coastal California markets remains strong, as evidenced by Trader Joe's recent acquisition of a shuttered drugstore location in Santa Monica. The California-based chain purchased the former Rite Aid property from a […]

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