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2320 Randleman Rd
Greensboro, NC 27406
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High-visibility location on Randleman Road retail corridor
- Tenant: Pledge Financial (Riverside Pawn), corporate operator with 30+ locations
- Surrounded by national and regional retailers
- Ample on-site parking
- NN lease with four years remaining
- Less than one mile from I-40, strong traffic counts
EXECUTIVE SUMMARY
This stabilized retail investment is offered at $867,000, approximately $190/SF. The property is leased to Pledge Financial (operating as Riverside Pawn), a seasoned multi-state operator with more than 30 retail locations across the East Coast. The lease is a NN structure, with the tenant responsible for taxes, insurance, and CAM, providing reliable cash flow and minimal landlord responsibilities. There are four years remaining on the lease term, making this a management-light, predictable income investment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,566 SF
Building Class
B
Year Built
1979
Price
$867,000
Price Per SF
$189.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.15 AC
Zoning
HB - Highway Business
Parking
10 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 0029478 | Improvements Assessment | $264,600 |
| Land Assessment | $300,000 | Total Assessment | $564,600 |
PROPERTY TAXES
Parcel Number
0029478
Land Assessment
$300,000
Improvements Assessment
$264,600
Total Assessment
$564,600
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