EMS-0067
EMS-0064
EMS-0076
EMS-0075
EMS-0089
EMS-0086
EMS-0073
EMS-0062
EMS-0008
EMS-0001

E Market Street Industrial

2600 E Market Street & 2700 E Market Street, Greensboro, NC 27401

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Price:

CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

$9,607,060

7.45%

$715,726

1946 / 1993

84,132 / 46,000

6.88 acres

Two-Property Industrial Portfolio | Sale/Leaseback Investment Opportunity

Furman Capital Advisors, as exclusive agent to Seller, is pleased to present the following opportunity to acquire this Industrial Sale/Leaseback investment located in Greensboro, NC. The Property consists of two buildings: 2600 & 2700 E. Market St., Greensboro, North Carolina 27401, (the “Property”). JSL Partners, Inc. will enter into a new seven-year NNN lease upon closing with an annual rental rate of $5.50/SF for approximately 130,132 SF and annual rental increases of 2.5%. The company was founded in 2000 and is a financially strong wholesaler of personal hygienic products to the global markets with a team of over 70 onsite employees. The property is strategically located minutes from the Piedmont Triad International Airport and in the Triad Region of North Carolina which has a population of 1.7 million. This area has experienced an extraordinary level of economic development activity including recent investments from Toyota Motors’ EV battery plant at the Greensboro-Randolph County Megasite, as well as Boom Supersonic’s production facility for their supersonic passenger plane and JetZero’s production facility for a next generation commercial plane at PTI Airport.

  • SALE/LEASEBACK INVESTMENT: JSL Partners, Inc., a family owned and financially strong company, will enter into a new 7-year sale and leaseback agreement upon closing. The company was founded in 2000 and is a market leader in the wholesale trade of personal hygienic products worldwide.
  • NNN LEASE STRUCTURE: The proposed NNN lease structure provides minimal landlord responsibilities and defers growing operational costs to the tenant.
  • ANNUAL INCREASES: The new lease will have 2.5% annual increase that provide investors with a growing income stream and a hedge against inflation.
  • HIGH GROWTH MARKET: The Triad Region of North Carolina has seen an unprecedented increase in overall investment, due to job growth and recent announcements from major companies such as Toyota, Boom Supersonic and JetZero. North Carolina was ranked by CNBC as the No. 1 state to do business in 2025 and has been a consistent contender for the top position in recent years. North Carolina was also ranked with the 2nd highest YOY increase in population and 1st in domestic net migration.
  • ARCHITECTURAL SIGNIFIGANCE: 2600 E. Market St. was designed by Walter Gropius (1883 – 1969) who was a noted German-American architect and founder of the Bauhaus School and who is widely regarded as one of the pioneering masters of modernist architecture. A well-known example of Gropius’ work is the Pan Am Building (now the Metlife Building) of New York City
  • ROOF CONDITION: The roof systems for 2600 & 2700 E. Market St. were completely replaced in 2018 by Gardner Roofing with a TPO system and R30 Insulation. The systems are under warranty and provide an investor with peace of mind that this large capital expenditure will not be needed in the near future.  
  • 2600 EAST MARKET STREET: 
  • Ownership: Fee Simple
  • Property Type: Industrial
  • Building Size: 84,132 SF
  • Year Built: 1946
  • Parcel Size: 5.10 AC
  • Dock Doors: 4
  • Ext. Levelers: 2
  • Clear Height: 18’
  • Sprinkler: Wet
  • Power: Confirm
  • Zoning: HI (Heavy Industrial)
  • 2700 EAST MARKET STREET:
  • Ownership: Fee Simple
  • Property Type: Industrial
  • Building Size: 46,000 SF
  • Year Built: 1993
  • Parcel Size: 1.78 AC
  • Dock Doors: 4
  • Ext. Levelers: 4
  • Clear Height: 20′
  • Sprinkler: Wet
  • Power: Confirm
  • Zoning: LI (Light Industrial)

For more information:

Mandy Foster
Administrative Coordinator
336-358-3224
[email protected]
Beau McIntosh, CCIM
Vice President
(336) 358-3227
[email protected]

Documents

Download Offering Memorandum

Property Summary

Property Type:

Industrial

Lot Size:

6.88 Acres

Year Built:

1946 / 1993

Buildings:

2

Investment Summary

CAP Rate:

7.45%

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Confidentiality Agreement Form

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Confidentiality Agreement
This Confidentiality Agreement will confirm the mutual understandings of the Undersigned and Owner of Record in connection with NAI Earle Furman, LLC, dba Furman Capital Advisors, LLC and its client (hereinafter referred to as "Protected Parties") providing proprietary information on the requested property (hereinafter called the “Property”) to the Undersigned:

“Information” means all data, reports, records, materials, lease expirations, lease rates or other lease information obtained from Furman Capital Advisors, LLC which is not in the public domain. Information is not meant to include information which: a) at the time of the disclosure is in the public domain; b) after disclosure becomes part of the public domain through no act or omission by the undersigned; c) as shown by written records was prior to disclosure in the possession of the undersigned; d) is rightfully received by the undersigned from third parties who were entitled to receive such information; or e) is obligated to be disclosed pursuant to applicable law, regulation or legal process.

The information is being furnished solely in connection with the consideration of a potential transaction involving the undersigned and shall be treated as “secret” and “confidential” and no portion of it shall be disclosed to others, except to those employees, agents, clients, and customers of the undersigned whose knowledge of the Information is required for use to evaluate that certain real estate as a potential acquisition and who shall assume the same obligations as the undersigned under this Agreement.

It is understood that the Protected Parties are the beneficiaries whose rights are being protected and may enforce the terms of this Confidentiality Agreement as if they were a party to the Agreement.

All information furnished shall be promptly returned or destroyed should there be no interest in that certain real estate acquisition, or otherwise disposed of as directed by the Protected Parties.

It is understood that the Protected Parties makes no representations or warranty as to the completeness or accuracy as to any information.

It is understood that by furnishing this information that the Protected Parties are not agreeing to enter into a transaction regarding the property.

By electronically signing, you represent and warrant to the other parties that (a) You have read, understand and consent to the agreement (“Agreement), (b) all information that you provide is complete and accurate, and (c) you own or have all rights and authority necessary to enter into and perform under the Agreement.

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Download Offering Memorandum