Rite Aid NNN Retail
For Sale
Contact for pricing
1825 E Main St, Albemarle, NC 28001
Long-term net lease with renewal options on a major retail corridor near national retailers.
Property SizeContact for details
Days on Market144
Property Features for 1825 E Main St
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 12:54AM
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 The Kase Group
Investment Insights
Based on property information with market context.
The property is occupied by Rite Aid under a long-term NNN lease, with 11 years remaining in the initial term. Base rent remains flat during the initial term, followed by a 10% increase every 10 years and during the option period. The lease also includes eight 5-year renewal options beyond the initial term.
Located at 1825 E Main St in Albemarle, NC 28001, the property sits along a major retail corridor with national retailers nearby, including ALDI, JCPenney, and McDonald’s. The surrounding retail presence provides established commercial context for the leased asset.
Located at 1825 E Main St in Albemarle, NC 28001, the property sits along a major retail corridor with national retailers nearby, including ALDI, JCPenney, and McDonald’s. The surrounding retail presence provides established commercial context for the leased asset.
Key Highlights
- Rite Aid occupies the property under a long‑term NNN lease
- 11 years remain on the initial lease term
- Eight 5‑year renewal options follow the initial term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 28001, NC
27,185
Population
12,847
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
131.4 sq mi
ZIP Area
207
Density / Sq Mi
$55,610
Median Household Income
$36,684
Median Earnings
$823
Median Rent
$194,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Long-term net lease with renewal options on a major retail corridor near national retailers.
Where is this nnn property located?
The property is located at 1825 E Main St Albemarle, NC.
What are key features of this property?
This property features: Rite Aid occupies the property under a long‑term NNN lease; 11 years remain on the initial lease term; Eight 5‑year renewal options follow the initial term
