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 immediate access to Interstate 40, connecting the site to the broader Piedmont Triad region. The surrounding neighborhood is characterized by a dense mix of national retail chains, established shopping centers, and casual dining options. The location benefits from high visibility and proximity to the Four Seasons Town Centre, ensuring a consistent flow of local and regional consumer traffic. The property is suited for a variety of retail applications, including general merchandise showrooms, specialty boutiques, or service-based businesses. Its functional layout and accessible storefront make it an ideal fit for regional franchisees or independent retailers seeking a presence in a primary trade area. Given the local demographics and neighboring businesses, the site is well-positioned for tenants offering consumer goods, automotive services, or health and wellness amenities that require frequent customer turnover and easy highway accessibility.

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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

Location & Travel Times