336-358-3227
333 N Greene St, Greensboro, NC for Sale
Telecom Hotel/Data Hosting - FOR SALE
1/5
null | Request Cap Rate

333 N Greene St
Greensboro, NC 27401
Downtown Greensboro


HIGHLIGHTS

  • IDEAL OFFICE LOCATION.
  • ATTRACTIVE BASIS AND WALT.
  • STRONG TENANT MIX.
  • HIGH GROWTH MARKET.

OVERVIEW

The Property is currently 96% occupied with a strong tenancy mix of professional office tenants who collectively carry a 5.9 year WALT. This five-story office is strategically located in Downtown Greensboro’s CBD Submarket of the Triad Region of North Carolina which has a population of 1.7 million. This area has experienced an extraordinary level of economic development activity including recent investments from Toyota Motors’ EV battery plant at the Greensboro-Randolph County Megasite and Boom Supersonic’s production facility for their supersonic passenger plane at PTI Airport This property has 98 surface parking spaces, which is a highly attractive attribute for CBD office buildings and has an excellent history of occupancy. The property has been mostly 100% occupied since the building was delivered in 2000. Current tenants include Northwestern Mutual, Carlisle Residential Properties, City of Greensboro ABC Board, Precision Fabrics Group, Oldcastle APG South, Iddings & Thacker PLLA, Creek Road Capital, LLC and the Law Office of Manisha P. Patel. Call for Pricing. This is a very attractive investment opportunity for an investor seeking the purchase of a well-maintained downtown office, at well below replacement value, in a quickly developing market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

333 North Greene

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

CB

APN/PARCEL ID

0000781

ASK ABOUT THIS PROPERTY

Beau McIntoshFurman Capital AdvisorsMore Info
336-358-3227

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Beau McIntoshFurman Capital AdvisorsMore Info
336-358-3227

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