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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, providing reliable cash flow and minimal landlord responsibilities. There are four years remaining on the lease term.
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
C-M - Highway Business
Parking
30 Spaces (6.57 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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