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2920 Martinsville Rd
Greensboro, NC 27408
Greensboro Value-Add Retail Investment · Retail Property For Sale
Investment Highlights
- Stabilized Center with Diverse Tenant Mix
- Fully Occupied
Executive Summary
Highlights: • Six (6) ground-floor retail condos totaling ±8,986 SF • GB Zoning | Flexible for retail, showroom, or office uses • 8.3 miles (13-minute drive) to PTI Airport • 1.9 miles (5-minute drive) to I-840 / Business Loop, 6.6 miles (15 minutes) to I-40, and 8.4 miles (17 minutes) to I-85 • Centrally located within a prominent retail corridor and near affluent Greensboro neighborhoods • Immediate income with value-add upside through lease optimization and expense realignment
6 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Sale Type | Investment | Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Sale Type | Investment | Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Sale Type | Investment | Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Sale Type | Investment | Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Sale Type | Investment | Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
Sale Notes
This ±8,986 SF retail investment comprises six ground-floor condominium units within a modern mixed-use building positioned in one of Greensboro’s most prominent retail corridors. Located just 13 minutes from Piedmont Triad International Airport (PTI) and minutes from I-840, I-40, and I-85, the property offers exceptional regional connectivity and visibility for both tenants and customers. Surrounded by major employers, Fortune 500 facilities, retail corridors, and established affluent neighborhoods, it sits at the center of Greensboro’s commercial growth.
Zoned GB, the property supports retail, office, or showroom uses and offers immediate investor income with significant value-add upside through targeted repositioning and rent lifts. Built in 2008, the modern commercial space features strong parking ratios and direct highway access, attracting tenants from across the greater Piedmont Triad MSA. Ideal for 1031 buyers, private capital groups, and commercial operators seeking a North Carolina value-add retail investment with near-term cash flow and long-term exit potential.
Zoned GB, the property supports retail, office, or showroom uses and offers immediate investor income with significant value-add upside through targeted repositioning and rent lifts. Built in 2008, the modern commercial space features strong parking ratios and direct highway access, attracting tenants from across the greater Piedmont Triad MSA. Ideal for 1031 buyers, private capital groups, and commercial operators seeking a North Carolina value-add retail investment with near-term cash flow and long-term exit potential.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,105 SF | Retail | Upon Request | - |
| Unit 2 | 1,813 SF | Retail | Upon Request | - |
| Unit 3 | 1,664 SF | Retail | Upon Request | - |
| Unit 4 | 1,310 SF | Retail | Upon Request | - |
| Unit 5 | 1,311 SF | Retail | Upon Request | - |
| Unit Ground Flr | 8,986 SF | Retail | Upon Request | - |
Unit 1
| Unit Size |
| 1,105 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 2
| Unit Size |
| 1,813 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 3
| Unit Size |
| 1,664 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4
| Unit Size |
| 1,310 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 5
| Unit Size |
| 1,311 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit Ground Flr
| Unit Size |
| 8,986 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 1
| Unit Size | 1,105 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Status | Under Contract |
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Unit 2
| Unit Size | 1,813 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Status | Under Contract |
1 of 0
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Matterport 3D Exterior
Matterport 3D Tour
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Unit 3
| Unit Size | 1,664 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Status | Under Contract |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 4
| Unit Size | 1,310 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Status | Under Contract |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 5
| Unit Size | 1,311 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Status | Under Contract |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit Ground Flr
| Unit Size | 8,986 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Sale Notes | |
| This ±8,986 SF retail investment comprises six ground-floor condominium units within a modern mixed-use building positioned in one of Greensboro’s most prominent retail corridors. Located just 13 minutes from Piedmont Triad International Airport (PTI) and minutes from I-840, I-40, and I-85, the property offers exceptional regional connectivity and visibility for both tenants and customers. Surrounded by major employers, Fortune 500 facilities, retail corridors, and established affluent neighborhoods, it sits at the center of Greensboro’s commercial growth.<br> <br> Zoned GB, the property supports retail, office, or showroom uses and offers immediate investor income with significant value-add upside through targeted repositioning and rent lifts. Built in 2008, the modern commercial space features strong parking ratios and direct highway access, attracting tenants from across the greater Piedmont Triad MSA. Ideal for 1031 buyers, private capital groups, and commercial operators seeking a North Carolina value-add retail investment with near-term cash flow and long-term exit potential.</li></ul> |
Property Facts Under Contract
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 28,155 SF | Typical Floor Size | 9,000 SF |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Lot Size | 2.18 AC | |
| Building Class | B | Parking Ratio | 2.48/1,000 SF |
| Floors | 3 | ||
| Zoning | GB | ||
| Total Building Size | 28,155 SF |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 9,000 SF |
| Year Built | 2008 |
| Lot Size | 2.18 AC |
| Parking Ratio | 2.48/1,000 SF |
| Zoning | GB |
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