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Greensboro Office Portfolio
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Greensboro Office Portfolio
2 Office Properties Offered at $19,286,184 CAD in Greensboro, NC
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INVESTMENT HIGHLIGHTS
- CAP RATE: 8.84%
- NOI: $1,178,872
EXECUTIVE SUMMARY
2307 W. Cone Blvd. | 97% Occupied | $760,912 NOI: This ±72,000 SF property is comprised of three office buildings conveniently located in Northwest Greensboro on West Cone Blvd. (19,000 VPD). This opportunity offers a reliable stream of income with strong occupancy rates, operating history, and a diverse tenant mix. Upside potential with rent increases and adding paid services such as wifi, printing services, vending machines, etc. In-place management can stay for future buyer.
204 Muirs Chapel Road | 94% Occupied | $427,950 NOI: Stable ±35,000 SF well-maintained office building located in Greensboro, NC. One anchor tenant occupies the entire second floor. The first and third floor are comprised of executive office suites and turn-key suites. Ample parking, excellent visibility, and a convenient location. Onsite management with front desk/executive services that can be further tweaked and monetized. Can be packaged with 2307 W. Cone Blvd. for a package sale to benefit from cross-management.
204 Muirs Chapel Road | 94% Occupied | $427,950 NOI: Stable ±35,000 SF well-maintained office building located in Greensboro, NC. One anchor tenant occupies the entire second floor. The first and third floor are comprised of executive office suites and turn-key suites. Ample parking, excellent visibility, and a convenient location. Onsite management with front desk/executive services that can be further tweaked and monetized. Can be packaged with 2307 W. Cone Blvd. for a package sale to benefit from cross-management.
PROPERTY FACTS
Price | $19,286,184 CAD | Number of Properties | 2 |
Price / SF | $347.72 CAD / SF | Individually For Sale | 0 |
Cap Rate | 8.84% | Total Building Size | 55,465 SF |
Sale Type | Investment | Total Land Area | 8.00 AC |
Status | Active |
Price | $19,286,184 CAD |
Price / SF | $347.72 CAD / SF |
Cap Rate | 8.84% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 55,465 SF |
Total Land Area | 8.00 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
Muirwood Office Center
204 Muirs Chapel Rd, Greensboro, NC 27410 |
Office | 31,465 SF | 2001 | - |
2307 W Cone Blvd, Greensboro, NC 27408 | Office | 24,000 SF | 1970 | - |
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Greensboro Office Portfolio
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