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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 1110 & 1115
| Unit Size | 2,077 SF | Sale Type | Investment |
| Price | $325,000 | Cap Rate | 7.02% |
| Price Per SF | $156.48 | NOI | $22,820 |
| Condo Use | Retail |
| Unit Size | 2,077 SF |
| Price | $325,000 |
| Price Per SF | $156.48 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| NOI | $22,820 |
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
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
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4925 W Market St - East Building 100
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