7611 Thorndike Rd
Greensboro, NC 27409
Ruby Tuesday | Abs NNN | Surrounded by Hotels · Retail Property For Sale
Investment Highlights
- Over 10 Years Remaining | Corporate Guaranteed | Scheduled Rental Increases
- Near Piedmont Triad International Airport | Surrounded by Hotels/Motels
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN | Fee Simple Ownership | ZERO Landlord Responsibilities
- Signalized, Hard Corner Intersection | Interstate 40 (79,000 VPD)
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
About 7611 THORNDIKE RD , GREENSBORO, NC 27409
The subject property is strategically located at the signalized, hard corner intersection of Thorndike Road and State Highway 68 with a combined 50,600 vehicles passing by daily. Moreover, the site is located less than 0.25 miles from Interstate 40, a major east/west commuter thoroughfare servicing the city of Greensboro and connecting travelers from across the U.S., averaging an additional 79,000 vehicles passing by per day. The Ruby Tuesday is also less than 2 miles southwest from the Piedmont Triad International Airport, one of the largest airports in North Carolina, servicing nearly 880,000 passengers in 2017 and providing a direct consumer base to draw from. Additionally, the asset is surrounded by multiple hotels including Embassy Suites, Homewood Suites, Choice Hotels, Residence Inn, Fairfield by Marriott, and more, further increasing consumer traffic to the subject area. The 5-mile trade area is supported by more than 95,000 residents and nearly 80,000 employees. Residents within this trade area have a healthy average household income of $82,679.
Property Taxes
| Parcel Number | 0098400 | Improvements Assessment | $1,720,800 |
| Land Assessment | $563,500 | Total Assessment | $2,284,300 |
Property Taxes
