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Fourth Santa Monica Trader Joe's Coming to Former Rite Aid Site
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Fourth Santa Monica Trader Joe's Coming to Former Rite Aid Site
Trader Joe's has purchased a former Rite Aid drugstore at 1331 Wilshire Blvd. for $22 million, according to public records and county assessor data.The Monrovia-based grocer acquired the 17,800-square-foot property in late 2025, paying approximately $1,236 per square foot for the single-story retail building that sits on 1.4 acres with roughly 125 surface parking spaces. The sale was first reported by the LA Times. The deal aligns with Trader Jo…
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