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For Sale Investment Property
McAlister House
1932 Fleming Rd.
Greensboro, NC 27410
Office-Retail
Newly Refurburbished
Leased for 5 years to a Fortune 500 company. Cap Rate of 9.7% to 10% with annual increases.
PRICE: $540,000
NOI: $50,000+/-
McAlister House is a converted 3,800 square foot, historic building circa 1888, located on nearly 2 acres with a circular drive and established oak trees.
Zoned CD-LB. Zoning allows for professional office, restaurant, and/or retail trade.
Located in a rapidly developing area 0.4 mile from Bryan Boulevard, this property will be a corner location at a lighted intersection of Isaacson Boulevard and the straightened Fleming Road/Lewiston Road Connector. On 63 acres to the immediate north and northwest, Zimmer Development will build Woodmont Station, a grocery anchored shopping center, as well as office and corporate space and 160 residential units.
Site Advantages: Strong demographics
1. Prominent Location
2. High Traffic Count
3. Great highway access – nearby Piedmont International Airport
4. Dense residential growth
5. Office and retail growth in immediate area
For leasing information, please contact:
Alan Weidt (336) 312-6868 |
Information contained herein is deemed to be reliable but is subject to errors, omissions and change without notice. No warranty or representation is made as to the accuracy thereof. All information contained herein is subject to independent verification
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