2416 Randleman Rd

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2416 Randleman Rd

Greensboro, NC 27406
Asking Price
$1.80M
Asset Type
Retail
Class
Class B

What's Special

2416 Randleman Road is located in a high-traffic commercial corridor in South Greensboro, North Carolina. The neighborhood character is primarily retail and industrial, featuring a mix of established local businesses and national chains. The property offers direct frontage and visibility on Randleman Road, providing convenient access to the Interstate 40 and Interstate 85 interchange located less than one mile away. Nearby amenities include various fast-food restaurants, automotive services, and grocery options, ensuring steady regional and local vehicle traffic throughout the day. This retail asset is suited for high-volume service providers, discount retailers, or automotive-related businesses seeking proximity to major transit routes. The site is ideal for a single-tenant operator or a multi-unit service hub that benefits from significant road exposure and easy ingress/egress. Typical tenants for this location include convenience stores, specialty hardware retailers, professional service offices, or small-scale distributors requiring a storefront presence. The surrounding demographic supports businesses focused on everyday consumer needs and logistical efficiency.

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

Location & Travel Times