1405 Freeway Dr Reidsville, NC 27320
- Retail properties
- 32,390 SF
- 7.36 lot acres
Current Use by Public Records
- Welcome Finance Co Inc / Loan Agency
Property Details for 1405 Freeway Dr
- Year built
- 1987
- Lot size
- 7.36 lot acres
- Property size
- 32,390 SF
- Property type
- Retail properties
Description
Ashcroft Commons, located at 1405 Freeway Dr., Reidsville, NC 27320, presents a prime retail investment opportunity. This vibrant neighborhood center boasts a total of 32,390 square feet across two single-story buildings, built in 1987, and situated on 7.36 acres of land. The property features 17 suites, with four currently available, ranging from 1,028 to 2,100 contiguous square feet. A total of 5,973 square feet of vacant space is ready for immediate occupancy. Ample parking is provided with 160 spaces. The center enjoys a strong tenant mix, including financial services, medical offices, children's services, salons, and restaurants, notably the popular Fursty's Pizza, a significant foot traffic driver. The recent addition of Emerge Ortho has further boosted foot traffic and parking lot occupancy. This property benefits from its location on the busy Freeway Drive, offering excellent visibility and accessibility. Very reasonable rental rates and flexible lease terms are available. This is an exceptional opportunity to establish or expand your business in a thriving retail environment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reidsville
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.6903
- Latitude
- 36.329
