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4925 W Market St - East Building 100 2,077 SF Retail Condo Unit Offered at $325,000 in Greensboro, NC 27407
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.02% |
| Sale Type | Investment |
| Cap Rate | 7.02% |
Description
* ±2,000 SF retail condominium
* Fully leased investment property
* ±5 years remaining on lease
* 4% annual rent increases
* Annual rents will grow from $37,440 to
$43,800 in current lease term
* In-place NOI of approximately $22,820
* Established retail plaza location
* Strong W. Market Street visibility
* Fully leased investment property
* ±5 years remaining on lease
* 4% annual rent increases
* Annual rents will grow from $37,440 to
$43,800 in current lease term
* In-place NOI of approximately $22,820
* Established retail plaza location
* Strong W. Market Street visibility
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1110 & 1115 | 2,077 SF | Retail | $325,000 ($156.48/SF) | $22,820 |
Unit 1110 & 1115
| Unit Size |
| 2,077 SF |
| Condo Use |
| Retail |
| Price |
| $325,000 ($156.48/SF) |
| NOI |
| $22,820 |
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Unit 1110 & 1115
| Unit Size | 2,077 SF |
| Condo Use | Retail |
| Price | $325,000 ($156.48/SF) |
| NOI | $22,820 |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| Description | |
| * ±2,000 SF retail condominium<br> * Fully leased investment property<br> * ±5 years remaining on lease<br> * 4% annual rent increases<br> * Annual rents will grow from $37,440 to<br> $43,800 in current lease term<br> * In-place NOI of approximately $22,820<br> * Established retail plaza location<br> * Strong W. Market Street visibility</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 85,000 SF | Year Built | 1970 |
| Property Type | Retail (Condo) | Tenancy | Single |
| Building Class | B | Lot Size | 2.00 AC |
| Floors | 1 | Parking Ratio | 10/1,000 SF |
| Typical Floor Size | 566 SF | ||
| Zoning | CD-C-M - Commercial district | ||
| Total Building Size | 85,000 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 566 SF |
| Year Built | 1970 |
| Tenancy | Single |
| Lot Size | 2.00 AC |
| Parking Ratio | 10/1,000 SF |
| Zoning | CD-C-M - Commercial district |
Amenities
- Property Manager on Site
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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4925 W Market St - East Building 100
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