505 Pisgah Church Rd

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505 Pisgah Church Rd

greensboro, NC 27455
Asking Price
$2.13M
Asset Type
Retail
Class
Class B

What's Special

505 Pisgah Church Road is situated in a high-traffic retail corridor in northern Greensboro, North Carolina. The property sits within a densely populated residential area characterized by established suburban neighborhoods and professional offices. It offers excellent visibility and accessibility via nearby major thoroughfares, including North Elm Street and Battleground Avenue, with convenient proximity to the I-840 loop. Local amenities include various national grocery chains, diverse dining options, and public transit stops, ensuring a consistent flow of local and commuter traffic. The building’s layout and prime road frontage make it an ideal location for service-oriented retail, specialty boutiques, or quick-service restaurants. Typical tenants for this asset class include medical clinics, fitness studios, and convenience-based brands seeking a central hub within an affluent demographic. The space is well-suited for businesses that require high signage visibility and easy customer ingress and egress. Its positioning is optimal for neighborhood-focused retailers aiming to capture the demand of the surrounding residential population.

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NOI
$80,000
Cap Rate
3.76%
DSCR
0.63
Underwater
Cash-on-Cash
-7.26%
Monthly Payment
$10,533.13
Annual Cash Flow
$-46,397.565

Location & Travel Times