515 Guilford College Rd

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515 Guilford College Rd

Greensboro, NC 27409
Asking Price
$3.20M
Asset Type
Retail
Class
Class B

What's Special

515 Guilford College Road is situated in a high-traffic retail corridor in western Greensboro, North Carolina. The property is positioned near the busy intersection of West Market Street, characterized by a mix of established shopping centers, service-oriented businesses, and dense residential neighborhoods. The location offers excellent visibility and accessibility, sitting just minutes away from major thoroughfares including I-40 and West Friendly Avenue. Nearby amenities include Guilford College, landmark national retailers, and various dining options, ensuring a steady flow of local and regional commuter traffic. This retail asset is well-suited for businesses seeking high consumer exposure and convenient suburban access. The property’s footprint and location make it ideal for quick-service restaurants, specialty medical clinics, or boutique retail storefronts. Potential tenants typically include regional service providers, franchise operators, or local retail businesses looking to capitalize on the area's strong demographic profile and proximity to both a college campus and major commercial hubs. The versatile site layout supports diverse operational requirements for businesses requiring storefront prominence.

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

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