2421 Randleman Road

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2421 Randleman Road

Greensboro, NC 27406
Asking Price
$1.98M
Asset Type
Retail
Class
Class B

What's Special

2421 Randleman Road is located in a high-traffic commercial corridor in South Greensboro, North Carolina. The property sits within a densely developed neighborhood characterized by a mix of established local businesses and national retail brands. The site offers proximity to major amenities, including grocery centers and quick-service dining options, and is situated less than two miles from the Interstate 40 and Interstate 85 interchange. This location provides direct access to the regional transportation network and is served by Greensboro Transit Agency bus routes, ensuring accessibility for both local residents and regional commuters. The asset is suited for a variety of retail use cases, including discount variety stores, neighborhood service providers, or specialty hardware outlets. Given the surrounding residential density and consistent daily vehicle counts, the location is well-positioned for a tenant profile focused on essential goods or community-oriented services. The layout supports businesses requiring visible storefront presence with dedicated on-site parking. Potential occupants may include local entrepreneurs or regional franchises seeking a foothold in a stable, value-driven submarket with established consumer traffic patterns.

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NOI
$80,000
Cap Rate
4.04%
DSCR
0.68
Underwater
Cash-on-Cash
-6.32%
Monthly Payment
$9,795.96
Annual Cash Flow
$-37,551.516

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