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Shopping Community

West Market Shopping Center

4653 W Market St, Greensboro, NC 27407

Listing Price: $9,800,000

Cap Rate
8.40%
Gross SF
152,030
Rentable SF
152,030
Price/Gross SF
$64.46
Lot Size
12.42 acres
Year Built
1963

Investment Overview

152,030 Square Foot Food Lion Anchored Center on 12.42 Acres

Investment Highlights

  • Upside available through leasing 9,800 square feet of available space and re-tenanting CATO space located on an outparcel with no renewal options and below market rents.
  • Food Lion, Anchoring the Center Since 1997, Has Strong Sales and Recently Signed a Fresh 10 Year Lease Term
  • Property is well located with a daytime population of 274,926 people and average household income of $76,408 in a five mile radius.
  • Offered Below Replacement Cost at $64.46 Per Square Foot

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Shopping Community

West Market Shopping Center

Listing Price: $9,800,000

Cap Rate
8.40%
Gross SF
152,030
Rentable SF
152,030
Price/Gross SF
$64.46
Lot Size
12.42 acres
Year Built
1963

Investment Highlights

  • Upside available through leasing 9,800 square feet of available space and re-tenanting CATO space located on an outparcel with no renewal options and below market rents.
  • Food Lion, Anchoring the Center Since 1997, Has Strong Sales and Recently Signed a Fresh 10 Year Lease Term
  • Property is well located with a daytime population of 274,926 people and average household income of $76,408 in a five mile radius.
  • Offered Below Replacement Cost at $64.46 Per Square Foot

Investment Overview

152,030 Square Foot Food Lion Anchored Center on 12.42 Acres

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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