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Office Medical

Greensboro Medical Arts Center

1021 Wendover Ave E, Greensboro, NC 27405

Listing Price: $1,813,500

Gross SF
20,150
Rentable SF
20,150
Price/Gross SF
$90.00
Year Built
1963
Lot Size
1.00 acres

Investment Overview

Marcus & Millichap is pleased to present the vacant Medical Art Center located at 1021 Wendover Ave E, Greensboro, NC 27405. The property presents a promising investment opportunity as a vacant medical office building in a prime location. Situated in a high traffic area, the building is well-positioned to attract tenants from Greensboro’s thriving healthcare sector, which is supported by nearby hospitals, clinics, and specialty practices.The area’s steady population growth and the building's proximity to major transportation routes increase its appeal to potential tenantsseeking easy access for patients and staff.Furthermore, Greensboro’s diverse healthcare industry provides an advantageousenvironment for securing long-term, stable tenancy.
Investors could see significant returns from this property due to the rising demand for
healthcare services in Greensboro and the surrounding region. By leasing to specialized practices, general healthcare providers, or complementary health services, the building can quickly generate substantial rental income. Additionally, updating the space with modern amenities and energy-efficient features could enhance tenant interest and boost property value. This investment is ideal for those looking to capitalize on the strong, ongoing growth in the healthcare industry, with the potential for long-term appreciation and steady income in a robust medical real estate market.

Investment Highlights

  • 3-Story Medical Office Building Located in Greensboro, NC | Full Clinical Buildout
  • 1-Mile from Cone Health Moses Cone Hospital (628-Beds) | 2-Miles from Downtown Greensboro
  • Ideally Located Along Wendover Avenue East (39,000+ VPD) & Summit Ave (17,500+ VPD)
  • Three Floors Totaling 20,150 square-feet Offered Well Below Replacement Cost
  • Perfect Opportunity for Owner User Interested in Capturing Marketing Share in the Greensboro Community
  • Located in an Opportunity Zone | Tax Credit Available

Exclusively Listed By

Financing By

Office Medical

Greensboro Medical Arts Center

Listing Price: $1,813,500

Gross SF
20,150
Rentable SF
20,150
Price/Gross SF
$90.00
Year Built
1963
Lot Size
1.00 acres

Investment Highlights

  • 3-Story Medical Office Building Located in Greensboro, NC | Full Clinical Buildout
  • 1-Mile from Cone Health Moses Cone Hospital (628-Beds) | 2-Miles from Downtown Greensboro
  • Ideally Located Along Wendover Avenue East (39,000+ VPD) & Summit Ave (17,500+ VPD)
  • Three Floors Totaling 20,150 square-feet Offered Well Below Replacement Cost
  • Perfect Opportunity for Owner User Interested in Capturing Marketing Share in the Greensboro Community
  • Located in an Opportunity Zone | Tax Credit Available

Investment Overview

Marcus & Millichap is pleased to present the vacant Medical Art Center located at 1021 Wendover Ave E, Greensboro, NC 27405. The property presents a promising investment opportunity as a vacant medical office building in a prime location. Situated in a high traffic area, the building is well-positioned to attract tenants from Greensboro’s thriving healthcare sector, which is supported by nearby hospitals, clinics, and specialty practices.The area’s steady population growth and the building's proximity to major transportation routes increase its appeal to potential tenantsseeking easy access for patients and staff.Furthermore, Greensboro’s diverse healthcare industry provides an advantageousenvironment for securing long-term, stable tenancy. Investors could see significant returns from this property due to the rising demand for healthcare services in Greensboro and the surrounding region. By leasing to specialized practices, general healthcare providers, or complementary health services, the building can quickly generate substantial rental income. Additionally, updating the space with modern amenities and energy-efficient features could enhance tenant interest and boost property value. This investment is ideal for those looking to capitalize on the strong, ongoing growth in the healthcare industry, with the potential for long-term appreciation and steady income in a robust medical real estate market.

Exclusively Listed By

Financing By

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