701 Francis King St

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701 Francis King St

Greensboro, NC 27410
Asking Price
$9.96M
Asset Type
Retail
Class
Class B

What's Special

Located at 701 Francis King Street, this retail property is situated within the Brassfield area of northwest Greensboro. The site offers immediate proximity to the Battleground Avenue commercial corridor, a primary thoroughfare featuring a high concentration of established shopping centers, grocery anchors, and dining options. The neighborhood is characterized by a mix of suburban residential subdivisions and professional office parks. Access to the broader Piedmont Triad region is facilitated by the nearby Interstate 840 loop and Highway 220, providing connectivity for commuting residents and visitors from surrounding municipalities. The property is positioned to accommodate a variety of service-oriented retail businesses, boutique storefronts, or specialty health and wellness providers. Due to the local demographics and neighboring commercial landscape, ideal tenants include localized medical offices, fitness studios, or professional service firms seeking visibility within an established affluent suburb. The layout and location cater to businesses that benefit from a combination of neighborhood-level pedestrian traffic and regional vehicular accessibility. The site serves a consistent consumer base drawn from the surrounding residential density and daytime employment population.

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NOI
$80,000
Cap Rate
0.80%
DSCR
0.14
Underwater
Cash-on-Cash
-17.11%
Monthly Payment
$49,256.856
Annual Cash Flow
$-511,082.27

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