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

701 Francis King Street is located in the northern submarket of Greensboro, North Carolina, within the Brassfield shopping district. The property sits near the intersection of Battleground Avenue and New Garden Road, two primary commercial corridors offering high visibility and significant daily traffic counts. The surrounding neighborhood features a mix of established residential communities and professional office parks. Local amenities include numerous national retailers, dining establishments, and banking centers. The site provides efficient regional access via nearby Interstate 840, connecting the location to the broader Piedmont Triad area. This retail asset is suitable for occupancy by service-oriented businesses, boutique shops, or professional consumer services requiring a presence near dense residential populations. The layout and geographic positioning support tenant profiles such as specialty retailers, medical clinics, or financial service providers. The demographics of the surrounding three-mile radius align with businesses targeting suburban households and daytime commuters. Its proximity to major thoroughfares makes it an ideal location for operators prioritizing ease of access and functional storefront visibility within a developed commercial node.

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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

Location & Travel Times