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4050 Piedmont Pky
High Point, NC 27265
Office Property For Sale
Executive Summary
Three Class A single-story office buildings:
• 4015 Meeting Way (30,875 SF, 100% occupied, .5-year WALT, built 2003, 4.04 Acres)
• 4135 Mendenhall Oaks Parkway (33,758 SF, 39.1% occupied, 4.3-year WALT, built 1999, 4.50 Acres)
• 4194 Mendenhall Oaks Parkway (26,752 SF, 67.3% occupied, 1.1-year WALT, built 1997, 3.10 Acres)
Two multi-story office buildings:
• 4050 Piedmont Parkway (220,562 SF, 65% occupied, 4.1-year WALT, built 1997, 21.65 Acres)
• 4100 Mendenhall Oaks Parkway (55,248 SF, 82.2% occupied, 1.37-year WALT, built 1998, 4.48 Acres)
Strategically located within one of the region's renowned master-planned business parks, the Portfolio offers exceptional connectivity between downtown Greensboro, Piedmont Triad International Airport, and High Point University. This offering presents investors a rare opportunity to acquire these assets well below replacement cost with complete disposition flexibility, as each asset has its own distinct strengths allowing for a variety of strategic opportunities.
Property Facts
Amenities
- Fitness Center
- Security System
- Signage
- Storage Space
- Air Conditioning
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Property Taxes
| Parcel Number | 0207828 | Improvements Assessment | $22,375,000 |
| Land Assessment | $2,109,900 | Total Assessment | $24,484,900 |
Property Taxes
