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Browse More Listings in Retail For Sale, Ahoskie, NC or North Carolina

Retail Property For Sale

Rite Aid Drug Store

1013 East Memorial Drive, Ahoskie, NC 27910

Price:
$2,950,000
Building Size:
10,908 SF
Price/SF:
$270.44
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with 10+ years left on lease
Commission Split:
2%
Cap Rate:
8.11%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2006
Lot Size:
1.08 AC
Tax ID / APN #:
5992559528
Find Out More...

Last Verified 10/16/2009 Listing ID 15771675

Highlights

Long term absolute net lease with four 5-year options with increases
Located at a high traffic and signalized intersection

10,908 SF free standing brick bldg with drive-thru

Description

10,908 SF free standing building situated on +/- 1.08 acres in Ahoskie, North Carolina. Located at a high traffic and signalized intersection. This store fronts an existing Lowes Food grocery anchored shopping center.

Located at the high traffic and signalized intersection of Memorial Drive and Catherine Creek Rd. in Ahoskie North Carolina.

Financial Summary

Major Tenant Information

Actual
Year
2007
Scheduled Gross Income
$239,271
Net Operating Income
$239,271

Tenant		Lease Expired
Rite Aid

Map of 1013 East Memorial Drive, Ahoskie, NC 27910 (Hertford County)

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Presented by

Wilson Realty Associates Inc.

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Contact Listing Broker

William Wilson (336) 264-8065

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Created 6/23/2008

Additional Information for 1013 Memorial Drive E, Ahoskie, NC 27910

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1013 East Memorial Drive, Ahoskie, NC 27910

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Street Retail
Sold 1Q 2006

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Rite Aid Drug Store

1013 East Memorial Drive, Ahoskie, NC, 27910