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211 American Ave 167,135 SF 100% Leased Industrial Building Greensboro, NC 27409 $10,250,000 ($61.33/SF) 7.02% Cap Rate
Executive Summary
This is a sale/leaseback transaction that the seller is offering a 3 year lease NNN. The seller will master lease the building as there are two other tenants who occupy smaller areas within the building. Please call for tenant information.
Property Facts
| Price | $10,250,000 | Lot Size | 11.02 AC |
| Price Per SF | $61.33 | Rentable Building Area | 167,135 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.02% | Year Built/Renovated | 1969/2015 |
| Sale Condition | Sale Leaseback | Parking Ratio | 1.84/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 28’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 14 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI | ||
| Price | $10,250,000 |
| Price Per SF | $61.33 |
| Sale Type | Investment NNN |
| Cap Rate | 7.02% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 11.02 AC |
| Rentable Building Area | 167,135 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2015 |
| Parking Ratio | 1.84/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 14 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI |
Amenities
- Fenced Lot
- Signage
- Air Conditioning
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Property Taxes
| Parcel Number | 0099348 | Improvements Assessment | $5,754,600 |
| Land Assessment | $1,115,200 | Total Assessment | $6,869,800 |
Property Taxes
Parcel Number
0099348
Land Assessment
$1,115,200
Improvements Assessment
$5,754,600
Total Assessment
$6,869,800
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211 American Ave
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