Rival pharmacy chains, dollar stores, fitness operators, supermarkets, discounters and fast-food restaurants are poised to move into Rite Aid’s top locations as the company downsizes its real estate portfolio.

As part of its plan to restructure some $3 billion in debt under Chapter 11 bankruptcy protection, filed Sunday, Rite Aid has marked at least 347 leases for possible rejection of future obligation. The beleaguered pharmacy retailer, which operates 2,100 stores, has hired A&G Real Estate Partners to sell 78 Rite Aid and Bartell Drugs leases, all of which have at least 10 years left. Additionally, A&G is marketing 21 owned Rite Aid and Bartell Drugs stores.

A&G aims to arrange off-market deals for many of the best-located stores, according to co-president Andy Graiser. His company will market more Rite Aid leases in the coming weeks as part of the company’s restructuring process. The exact number of leases will depend on the outcomes of negotiations between A&G and Rite Aid landlords, Grasier said. “Our role also includes advising on lease portfolio optimization as Rite Aid strengthens its overall financial performance by reducing its rent expenses while continuing to meet the needs of its customers, communities and associates. As it does so, other retailers and investors will gain access to some strong locations.”

The stores and leases for sale range from 6,400 to 37,154 square feet. Some are in downtown settings, strip centers and power centers, and others are freestanding, including high-visibility stores with drive-thru windows. “The size ranges of these properties are in high demand among potential replacement users, a list that includes dollar stores, gyms, grocers, specialty discount stores and fast-growing quick-serve restaurants,” said A&G senior managing director Mike Matlat. “We anticipate robust interest from a wide array of retail operators, as well as nonretail medical, health, wellness and service-related businesses.”

Lenders will provide Rite Aid with about $200 million in new financing as it reorganizes to re-emerge as a healthier operation. To raise additional capital, Rite Aid also will auction off its small pharmacy benefits management system. Rite Aid, which has closed more than 200 stores over the past two years, hasn’t determined how many more stores will be closed.

Rite Aid has lost some $2 billion within the past five years. It had about $140 million of cash as of June.