Summit Realty Partners Leases 15,000 +/- Square Foot Former Rite Aid Pharmacy to Three New Tenants at Exeter Commons

EXETER, NH: November 2026

Summit Realty Partners, Inc. is pleased to announce the successful lease-up of the approximately 14,500-square-foot former Rite Aid Pharmacy at Exeter Commons to three new tenants. The shopping center is prominently located at the signalized intersection of Portsmouth Avenue and Alumni Drive, at the entrance to Exeter Hospital.

Repositioning the former pharmacy presented a unique leasing challenge: transforming a large-format, special-purpose building originally designed for a single tenant into a multi-tenant opportunity. Summit implemented a targeted marketing and leasing campaign focused on identifying complementary users that would strengthen the overall tenant mix at Exeter Commons.

The strategy resulted in three new leases: Eyesight Ophthalmology for 8,500 square feet, BODYBAR Pilates for 2,500 square feet, and Bay State Physical Therapy for 3,500 square feet.

“The former Rite Aid presented both a challenge and an opportunity,” said Chris McMahon, Principal and Director of Brokerage. “Rather than simply looking for another large-format user, we focused on finding the right combination of tenants for the building and the shopping center. Bringing three quality medical, health and wellness users to Exeter Commons is a great outcome for the property, and we’re excited to welcome them.”

The new tenants join a well-established mix of businesses at Exeter Commons, including On the Vine Marketplace, Margaritas Restaurant, Friendly Pets, Dollar Tree and Great Clips. Summit Realty Partners has handled leasing at the shopping center for its Landlord client since 2012 and is pleased to continue building on the property’s long-term success.

Posted on November 10, 2026