2403 Randleman Rd

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2403 Randleman Rd

Greensboro, NC 27406
Asking Price
$2.38M
Asset Type
Retail
Class
Class B

What's Special

2403 Randleman Road is located in a high-traffic commercial corridor in South Greensboro, positioned just minutes from the I-40 and I-85 interchange. The surrounding neighborhood features a mix of established industrial hubs and residential communities, driving consistent daytime and evening traffic. Nearby amenities include several national quick-service restaurant chains, automotive services, and neighborhood shopping centers. The property benefits from excellent visibility on a primary four-lane thoroughfare and offers multiple points of ingress and egress for easy local access. The property is suited for a variety of retail use cases, ranging from specialty showrooms and discount retail to service-oriented businesses like fitness centers or medical clinics. Given the high vehicle counts and proximity to major distribution centers, the location is ideal for tenants requiring high consumer visibility and logistical convenience. Typical tenants for this asset profile include local entrepreneurs, regional service providers, or national retailers seeking a strategic foothold in Greensboro’s southern growth submarket.

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NOI
$80,000
Cap Rate
3.36%
DSCR
0.57
Underwater
Cash-on-Cash
-8.59%
Monthly Payment
$11,779.889
Annual Cash Flow
$-61,358.667

Location & Travel Times