Rite Aid | Greenville, NC

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Michael Gaggo

248.702.0287
mgaggo@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Request More Info

Offering Information

3020 East 10th St
Greenville, NC 27858

  • Price: $3,726,306
  • Cap. Rate: 7.50%
  • NOI: $279,473
  • Building Size: 10,908SF
  • Lot Size: 1.64 AC

Investment Highlights

  • Absolute Net Lease | Zero Landlord Responsibilities
  • 10,908sqft Building Situated on 1.64 Acres of Land
  • Prototypical Freestanding Building with Drive-Thru
  • Being Offered Free and Clear of Debt
  • Five (5), Five-Year Options with Rental Increases
  • Multiple Points of Ingress and Egress | Excellent Visibility
  • Average Household Income Exceeding $57,538 Within 3 Mile Radius
  • Population Exceeds 101,000 People within a Five Mile Radius
  • High Traffic Counts at Intersection | E 10th Street and SE Greenville Blvd Boasts Combined Traffic Count s of 60,000+/- VPD
  • Greenville is the 10th Largest City in North Carolina
  • Subject Site Located Within 1.5 Miles From East Carolina University, which is Considered The Third Largest University in North Carolina | 30,000 Annual Student Enrollment & 5,800 Faculty and Staff
  • Located Within 4 Miles from Vidant Medical Center (900 Beds) | Third Largest Level I Trauma Center in The Nation
  • Pitt-Greenville Airport Located 5 Miles North of the Subject Site
  • Neighboring National Retailers Include: McDonald’s, Dunkin’ Donuts, Burger King, Food Lion, Advance Auto Parts, Walgreens, Chick-Fil-A, and more