1405 Freeway Dr Reidsville, NC 27320
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.
-
Welcome Finance Co Inc Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.