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601 Martin Luther King Jr Dr
Greensboro, NC 27406
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.28 AC
Zoning
TN1
Parking
25 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
120’ on Martin Luther King Jr.

Amenities

  • Signage
  • Air Conditioning

About 601 MARTIN LUTHER KING JR DR , GREENSBORO, NC 27406

FAMILY DOLLAR - UPGRADED CONSTRUCTION (No Metal) Matthews Retail Advisors are pleased to exclusively offer for sale the new construction Family Dollar located in Greensboro, NC. Family Dollar is on an extremely rare 15.25 year absolute NNN lease, which includes a 10% rent increase during the base term. The site is an upgraded construction building, with no metal sides. Further, the property is 9,180 sf which is larger than Family Dollars standard 8,320 sf store, due to an extremely strong anticipated sales volume. The site benefits from its strategic location in the heart of Greensboro with more than 80,400 residents in a 3-mile radius and 180,000 residents in a 5-mile radius. Greensboro is the third largest city in the state of North Carolina and there is an estimated population growth of approximately 5% over the next 5 years.

Property Taxes

Property Taxes

Parcel Number
0002846
Land Assessment
$55,800
Improvements Assessment
$1,243,800
Total Assessment
$1,299,600
  • Listing ID: 6035266

  • Date on Market: 2/27/2017

  • Last Updated:

  • Address: 601 Martin Luther King Jr Dr, Greensboro, NC 27406

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