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4925 W Market St
Greensboro, NC 27407 Outer Northwest I-40 Corridor

$325,000 USD

General Retail Condo For Sale  •  2,077 SF

Property Details

  • Property Type General Retail
  • Total Building Size 85,000 SF
  • Lot Size 2 AC
  • Building Class B
  • Year Built 1970
  • Cap Rate 7.02 %
  • Tenancy Single
  • Zoning CD-C-M
30 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1110 & 1115 Retail 2,077 SF $325,000 USD
  • Unit Size: 2,077 SF
  • Condo Use: Retail
  • Price: $325,000 USD
  • Sale Type: Investment
  • Price/SF: $156.48 USD
Description
* ±2,000 SF retail condominium
* Fully leased investment property
* ±5 years remaining on lease
* 4% annual rent increases
* Annual rents will grow from $37,440 to
$43,800 in current lease term
* In-place NOI of approximately $22,820
* Established retail plaza location
* Strong W. Market Street visibility

Property Flyers

Cap Rate: 7.02 %

Major Tenants

Tenant SF Occupied Lease End Date
Christian Education Center
FantaCity Community Center
Flow Barber Shop
Indu Grocery
Laxmi Salon and Spa
New Appearance Beauty Salon
The Laundry Depot
United Wholesale
Verified Boutique
Yega Rice Cake

Amenities

  • Property Manager on Site
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Greensboro Station (Piedmont - North Carolina by Train (NC Train)) 11 min - 5.3 mi
AirportDriveWalkDistance
Piedmont Triad International 18 min - 9.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 160
Type: Surface
Included in Rent: Yes
Aaron Uzzell 336-259-0934 GCOM | Greensboro Commercial Properties
Aaron Uzzell 336-259-0934 GCOM | Greensboro Commercial Properties