Rite Aid Ahoskie, NC

1013 E Memorial Dr
Ahoskie, NC

Price: $3190000
Cap Rate: 7.50%
NOI: $239,271
Building Size: Approx. 10908 Sq. Ft.
Lot Size: Approx. 1.12 Acres
Type: Single-Tenant / Retail
Sub Category: Pharmacy
Year Built: 2006

Investment Overview

  • 10,908+/- SF Building on 1.12+/- Acre Site
  • At the intersection of E Memorial Dr (13,000 VPD) & S Catherine Rd (11,000 VPD)
  • Near Walgreen’s, Tractor Supply, Dunkin Donuts, McDonalds, Wendy’s, Taco Bell
  • Major Employers: Hertford County (800 Empl) | East Carolina Health Inc. (700 Empl)
  • 16-Miles South East of Chowan University (1,532 Enrollment) | 1-Hour SW of Hampton Roads
  • Near Roanoke – Chowan Community College (647 Enrol.) | Chowan University (1,532 Enrol.)
  • Ahoskie is in Hertford County which has the lowest unemployment rates in NE North Carolina
  • 5-Mile Radius: Est 584 Businesses with 6,741 Employees l 3-Mile Avg. HH Income:  $49,150
  • Ahoskie is located 83-Miles SW of Virginia Beach, VA & 122-Miles NW of Raleigh, NC

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