2221 Vanstory Stree

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2221 Vanstory Stree

Greensboro, NC 27403
Asking Price
$3.13M
Asset Type
Retail
Class
Class B

What's Special

2221 Vanstory Street is located in a high-traffic commercial corridor in southwest Greensboro, North Carolina. Positioned just off West Wendover Avenue, the property offers proximity to major retail hubs, including the Wendover Place shopping center and a variety of national dining chains. The site is characterized by its visibility and immediate accessibility to Interstate 40, facilitating regional transit to the surrounding Triad area. The neighborhood features a dense mix of established industrial, office, and large-scale retail developments, supported by robust infrastructure and significant daily vehicle counts. The property is suited for retail businesses that benefit from high consumer volume and logistical convenience. Potential use cases include service-oriented retail, specialty showrooms, or destination commercial outlets. The location is appropriate for tenants such as regional retailers, equipment suppliers, or automotive-related services requiring a central Greensboro presence. Given its layout and placement within a commercial cluster, the asset aligns with the needs of established operators looking for a functional space with reliable gateway access to major local workforce populations and commuter routes.

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NOI
$80,000
Cap Rate
2.55%
DSCR
0.43
Underwater
Cash-on-Cash
-11.28%
Monthly Payment
$15,500.375
Annual Cash Flow
$-106,004.495

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