4701 W Gate City Blvd

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4701 W Gate City Blvd

Greensboro, NC 27407
Asking Price
$3.50M
Asset Type
Retail
Class
Class B

What's Special

4701 W Gate City Boulevard is situated in a high-traffic retail corridor in southwest Greensboro, North Carolina. The property sits near the signalized intersection of West Gate City Boulevard and Merritt Drive, offering significant visibility and direct road frontage. The surrounding neighborhood is a dense mix of established residential communities and commercial hubs. Notable nearby amenities include the Greensboro Coliseum Complex, the Koury Convention Center, and the Four Seasons Town Centre. The location provides efficient regional connectivity via immediate access to Interstate 40 and U.S. Route 220, facilitating consistent consumer flow from the greater Piedmont Triad area. The property is well-suited for a variety of general retail uses, including standalone franchise locations, convenience services, or specialty showrooms. Given the high daily traffic counts and proximity to major event venues, the site is ideal for tenants requiring high brand exposure and easy customer ingress. Typical tenant profiles include quick-service restaurants, automotive service providers, or neighborhood-scale retail centers that benefit from a combination of local commuter traffic and regional visitors. The zoning and layout support businesses focused on high-volume consumer interactions and logistical accessibility.

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times