Shopping Center with Medical
For Sale
Contact for pricing
1405 Freeway Dr., Reidsville, NC 27320
Two retail buildings offer an established multi-tenant configuration with current occupancy and a newly executed medical lease.
Property Size32,390 SF
Days on Market142
Property Features for 1405 Freeway Dr.
General Information
Standard status
Active
Size
32,390 SF
Property subtype
Retail
Occupancy
95%
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
NAI Piedmont Triad
(336) 686-5388
Listed By:
Allen Jones · License #NC
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Piedmont Triad
Investment Insights
Based on property information with market context.
Ashcroft Commons comprises two retail buildings totaling 32,390 SF at 1405 Freeway Dr. in Reidsville, North Carolina. The center is configured for multiple retail and service occupants and is currently 95% occupied. EmergeOrtho has executed a new 5-year lease covering 4,852 SF, adding a medical-use component to the tenant roster.
The property sits on Freeway Dr., identified in the source information as Reidsville’s primary retail corridor, within North Carolina’s Triad region. Existing occupancy, a recently signed lease, and multiple commercial spaces define the current operating profile of the center.
The property sits on Freeway Dr., identified in the source information as Reidsville’s primary retail corridor, within North Carolina’s Triad region. Existing occupancy, a recently signed lease, and multiple commercial spaces define the current operating profile of the center.
Key Highlights
- Two retail buildings totaling 32,390 SF
- 95% current occupancy
- New 5‑year EmergeOrtho lease for 4,852 SF
Property Analytics
Current Use
Lease Details
95%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27320, NC
37,843
Population
17,876
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
244.9 sq mi
ZIP Area
155
Density / Sq Mi
$55,491
Median Household Income
$37,258
Median Earnings
$776
Median Rent
$170,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Two retail buildings offer an established multi-tenant configuration with current occupancy and a newly executed medical lease.
Where is this shopping center located?
The property is located at 1405 Freeway Dr. Reidsville, NC.
What are key features of this property?
This property features: Two retail buildings totaling 32,390 SF; 95% current occupancy; New 5‑year EmergeOrtho lease for 4,852 SF
