4045 Randleman Rd - Retail FOR SALE


Greensboro, NC 27406- Outer Pleasant Garden
$1,650,868 USD
314-563-2208
4045 Randleman Rd, Greensboro, NC for Sale
$1,650,868 USD
Retail - FOR SALE
1/1
null | 7.25% Cap Rate

4045 Randleman Rd
Greensboro, NC 27406
Outer Pleasant Garden


HIGHLIGHTS

  • Rare DG location with 68,000 people in 5 mile radius and 6.7 miles from downtown Greensboro NC
  • 10+ years left on absolute NNN lease
  • 10% increases in each 5 year option period
  • Just south of I-85 and in the vicinity of several national retailers including: Lowe's, Walmart, Tractor Supply, Murphy USA, etc
  • Greensboro NC is part of the "Piedmont Triad" and home to HondaJet, Boom Supersonic and Toyota's upcoming battery plant

OVERVIEW

This Dollar General property is located at 4045 Randleman Rd in Greensboro, NC 27406. The property features a 9,002 square foot building on 1.74 acres with an absolute NNN lease that commenced on September 9, 2021 and expires on September 30, 2036. The property is offered at an asking price of $1,650,868 with a 7.25% cap rate and annual rental income of $119,688.

FOR SALE DETAILS

PRICE

$1,650,868 USD

PRICE/SF

$183 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General (NC)- 7.25% Cap

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris SchellinWestwood Net Lease AdvisorsMore Info
314-563-2208

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Chris SchellinWestwood Net Lease AdvisorsMore Info
314-563-2208

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.