333 N. Greene Street, Greensboro, NC

click to view

Price:

CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

$10,500,000.00

7.53%

$790,629

1999

66,805

1.47 acres

CLASS-A OFFICE – MULTI INVESTMENT OPPORTUNITY

The Property is currently 96% occupied with a strong tenancy mix of professional

office tenants who collectively carry a 5.9 year WALT. This five-story office is

strategically located in Downtown Greensboro’s CBD Submarket of 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

and Boom Supersonic’s production facility for their supersonic passenger plane at

PTI Airport

This property has 98 surface parking spaces, which is a highly attractive attribute for

CBD office buildings and has an excellent history of occupancy. The property has

been mostly 100% occupied since the building was delivered in 2000. Current tenants

include Northwestern Mutual, Carlisle Residential Properties, City of Greensboro ABC

Board, Precision Fabrics Group, Oldcastle APG South, Iddings & Thacker PLLA, Creek

Road Capital, LLC and the Law Office of Manisha P. Patel.

This is a very attractive investment opportunity for an investor seeking the purchase

of a well-maintained downtown office, at well below replacement value, in a

quickly developing market.

For more information:

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

Property Summary

Property Type:

Office

Lot Size:

1.47 Acres

Year Built:

1999

Buildings:

1

Investment Summary

CAP Rate:

7.53%

Account Login

Login to your account now. If you don’t have an account, you can register for one by clicking here.

Account Log Out

Confidentiality Agreement Form


This field is hidden when viewing the form
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.

Download Document

 

Download Offering Memorandum

Account Log Out