Former Rite Aid - Ahoskie, NC
$7.50/sqft/yr
1013 E Memorial Dr, Ahoskie, NC 27910
For Lease
Retail
Free Standing
Active
Last Updated: 10/23/2024
10.88
Cap Rate
239,271
NOI
Details:
Cap Rate: 10.88%
NOI: $239,271
Building Size: 10,908 sqft
Occupancy: 100%
Year Built: 2006
Highlights:
- Lease Guaranteed by Walgreen's Corporate Entity - Paid Through 04/06/2026.
- Absolute Net Lease | Zero Landlord Responsibilities.
- Lease Guaranteed by Walgreens Co. - Investment Grade Tenant - Standard & Poor's Credit Rating "BBB".
- Prototypical Freestanding Building with Drive-Thru
- Subject Site is an Outparcel to Piggly Wiggly.
- Within Close Proximity to Roanoke-Chowan Hospital, which is part of the University Health Systems of Eastern Carolina.
- Average Household Income Within 1-Mile Radius Exceeds $41,000.
- E Memorial Drive and Catherine Creek Road Boasts Combined Traffic Counts of 24,658 VPD+/-.
- Neighboring National Retailers Include: Piggly Wiggly, Walmart Supercenter, Belk, Tractor Supply, Ace Hardware, Dunkin Donuts, Advance Auto Parts, Dollar Tree, McDonald’s, Taco Bell, Subway, Walgreens, and more.
Description:
Freestanding building at a fully signalized intersection
56 parking spaces
14.4' drop ceiling
Drive Thru
Pylon Signage
Dedicated Turn Lane
All offers are subject to approval by Walgreens Real Estate Committee
Located at the NEC of E Memorial Dr & Creek Rd
1 Space Available
Available Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
10,908
Location
Gallery
