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NNN Freestanding Honey Baked Ham | Greensboro 2613 Battleground Ave 3,479 SF Retail Building Greensboro, NC 27408 $1,726,000 ($496.12/SF) 6.25% Cap Rate
Investment Highlights
- STRONG & GROWING DEMOGRAPHICS
- IRREPLACEABLE LOCATION IN THE GREENSBORO MSA
- DOMINANT RETAIL CORRIDOR
Executive Summary
LONG-TERM CORPORATE COMMITMENT | RECENT 2025 LEASE EXECUTION
- Tenant has operated at the site since 1988
- New lease commenced in August 2025, reaffirming long-term commitment to this established Greensboro location
CORPORATE-GUARANTEED ABSOLUTE NNN INVESTMENT
- Honey Baked Ham is backed by a corporate guaranty with zero landlord responsibilities — no management, no maintenance, no capex
- Truly passive income for the investor
DENSE SURROUNDING RETAIL ECOSYSTEM
- Over 1.6M SF of retail space located in a 1-mile radius
- In the top 20% of Honey Baked Ham locations nationwide by foot traffic (Placer.ai)
STRONG & GROWING DEMOGRAPHICS
- Within 5 miles: 215,484 residents with an average household income of $101,340
- The 3-mile population of 80,374 reflects a dense, established consumer base supporting strong retailer performance
DOMINANT RETAIL CORRIDOR
- The site fronts Battleground Ave, one of Greensboro's primary commercial arteries with 55,920 VPD, with rare dual access via Benjamin Pkwy (15,268 VPD)
- Driving exceptional visibility and customer traffic to the tenant
IRREPLACEABLE LOCATION IN THE GREENSBORO MSA
- Greensboro anchors the Piedmont Triad — within 27 miles of Winston-Salem, 54 miles of Durham, and 73 miles of Raleigh
- Positioning this asset in one of the Southeast's most strategically connected mid-size metros
- Tenant has operated at the site since 1988
- New lease commenced in August 2025, reaffirming long-term commitment to this established Greensboro location
CORPORATE-GUARANTEED ABSOLUTE NNN INVESTMENT
- Honey Baked Ham is backed by a corporate guaranty with zero landlord responsibilities — no management, no maintenance, no capex
- Truly passive income for the investor
DENSE SURROUNDING RETAIL ECOSYSTEM
- Over 1.6M SF of retail space located in a 1-mile radius
- In the top 20% of Honey Baked Ham locations nationwide by foot traffic (Placer.ai)
STRONG & GROWING DEMOGRAPHICS
- Within 5 miles: 215,484 residents with an average household income of $101,340
- The 3-mile population of 80,374 reflects a dense, established consumer base supporting strong retailer performance
DOMINANT RETAIL CORRIDOR
- The site fronts Battleground Ave, one of Greensboro's primary commercial arteries with 55,920 VPD, with rare dual access via Benjamin Pkwy (15,268 VPD)
- Driving exceptional visibility and customer traffic to the tenant
IRREPLACEABLE LOCATION IN THE GREENSBORO MSA
- Greensboro anchors the Piedmont Triad — within 27 miles of Winston-Salem, 54 miles of Durham, and 73 miles of Raleigh
- Positioning this asset in one of the Southeast's most strategically connected mid-size metros
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,479 SF
Building Class
C
Year Built
1969
Price
$1,726,000
Price Per SF
$496.12
Cap Rate
6.25%
NOI
$107,880
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.64 AC
Zoning
LI - Light Industrial
Parking
38 Spaces (10.92 Spaces per 1,000 SF Leased)
Frontage
84’ on Battleground
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- 3,954 SF
- -
- Jul 2035
The Honey Baked Ham Company began in 1957 in Detroit and built its business around spiral-sliced ham and a sweet glaze that became closely associated with the brand. The company now serves customers through online ordering and a wide network of retail locations across the United States, while keeping a family-owned structure. Its offerings include premium hams, turkey, side dishes, desserts, prepared meals, gift items, and catering for holidays, gatherings, and business occasions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 3,954 SF | - | Jul 2035 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0030314 | Improvements Assessment | $248,700 |
| Land Assessment | $620,900 | Total Assessment | $869,600 |
Property Taxes
Parcel Number
0030314
Land Assessment
$620,900
Improvements Assessment
$248,700
Total Assessment
$869,600
Contacts
-
David Hoppe -
Mike Lucier -
Eric Suffoletto -
Ben Olmstead -
Connor Kuchman -
Ben McCarter -
Atlantic Capital Partners
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