4636 W Market St - Bank FOR SALE


Greensboro, NC 27407- Outer Northwest I-40 Corridor
$2,050,000 USD
786-566-1446
4636 W Market St, Greensboro, NC for Sale
$2,050,000 USD
Bank - FOR SALE
1/32
null | 8.55% Cap Rate

4636 W Market St
Greensboro, NC 27407
Outer Northwest I-40 Corridor


OVERVIEW

This offering represents a great redevelopment or value-add opportunity, as Truist has vacated the location, with approximately seven months remaining on the absolute triple-net lease. The property features a 2,284-square-foot free-standing building equipped with multiple drive-thru lanes, situated on a highly visible 0.84-acre parcel along one of Greensboro’s most heavily trafficked corridors. Strategically located near a signalized intersection, the property benefits from excellent exposure with traffic counts exceeding 47,949 vehicles per day at the intersection. It is directly adjacent to a high-performing 7-Eleven, ranked in the top 15 percent nationwide by Placer.ai, and is surrounded by a strong mix of national retailers including McDonald’s, Zaxby’s, Advance Auto Parts, Sheetz, Food Lion, Walgreens, Wendy’s, Taco Bell, and O’Reilly Auto Parts. Additionally, the property offers convenient access to key highway systems, bolstering its long-term accessibility and appeal. Greensboro, the third-most populous city in North Carolina, is home to 295,160 residents and serves as the headquarters for a diverse mix of international and national companies, including Honda Aircraft Company, VF Corporation, Volvo Trucks North America, RF Micro Devices, the International Textile Group, NewBridge Bank, Cook Out, Biscuitville, and Gilbarco Veeder-Root. The region is experiencing substantial economic growth, fueled by major investments such as Toyota’s $1.29 billion battery manufacturing plant at the GreensboroRandolph Megasite and Boom Supersonic’s $500 million investment in a new manufacturing facility at Piedmont Triad International Airport. Greensboro is also a prominent educational hub, hosting several four-year colleges and universities, most notably the University of North Carolina at Greensboro, North Carolina A&T State University, Guilford College, and Guilford Technical Community College. Nearby, High Point University has been ranked the #1 Best Regional College in the South by U.S. News & World Report. Additionally, Greensboro is the headquarters for the ACC and home to the Greensboro Coliseum, a premier sporting and entertainment venue. With its strategic location, strong surrounding demographics, and multiple potential exit strategies, this offering presents a compelling opportunity for investors, developers, and owner-users alike.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$898 USD /SF

CAP RATE

8.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

CH

APN/PARCEL ID

0041737

ASK ABOUT THIS PROPERTY

Ronnie IssenbergSurmountMore Info
786-566-1446

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Ronnie IssenbergSurmountMore Info
786-566-1446

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