Former Rite Aid - Ahoskie, NC

1013 E Memorial Dr, Ahoskie, NC

$7.50/sqft/yr

Price

10.88%

Cap Rate

$239,271

NOI

Overview
Cap Rate
10.88%
NOI
$239,271
Building Size
10,908 sqft
Occupancy
100%
Year Built
2006
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

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.
1 Space Available

Available

Available:
Immediately
Sublease:
No
SQFT
10,908
Lease Rate:
$7.50/sqft/yr
Lease Type:
Gross

This listing was syndicated through:

Listing ID: a284o000000iBEDAA2
Location
Gallery