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2920 Martinsville Rd - Greensboro Value-Add Retail Investment 1,105 - 8,986 SF Retail Condo Units Offered at $2,492,838 CAD Per Unit in Greensboro, NC 27408
INVESTMENT HIGHLIGHTS
- Stabilized Center with Diverse Tenant Mix
- Fully Occupied
EXECUTIVE SUMMARY
Highlights: • Six (6) ground-floor retail condos totaling ±8,986 SF • GB Zoning | Flexible for retail, showroom, or office uses • 8.3 miles (13-minute drive) to PTI Airport • 1.9 miles (5-minute drive) to I-840 / Business Loop, 6.6 miles (15 minutes) to I-40, and 8.4 miles (17 minutes) to I-85 • Centrally located within a prominent retail corridor and near affluent Greensboro neighborhoods • Immediate income with value-add upside through lease optimization and expense realignment
PROPERTY FACTS
| Total Building Size | 28,155 SF | Typical Floor Size | 9,000 SF |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Lot Size | 2.18 AC | |
| Building Class | B | Parking Ratio | 2.48/1,000 SF |
| Floors | 3 | ||
| Zoning | GB | ||
| Total Building Size | 28,155 SF |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 9,000 SF |
| Year Built | 2008 |
| Lot Size | 2.18 AC |
| Parking Ratio | 2.48/1,000 SF |
| Zoning | GB |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
6 UNITS AVAILABLE
Unit 1
| Unit Size | 1,105 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,105 SF |
| Condo Use | Retail |
| Sale Type | Investment |
Unit 2
| Unit Size | 1,813 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,813 SF |
| Condo Use | Retail |
| Sale Type | Investment |
Unit 3
| Unit Size | 1,664 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,664 SF |
| Condo Use | Retail |
| Sale Type | Investment |
Unit 4
| Unit Size | 1,310 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,310 SF |
| Condo Use | Retail |
| Sale Type | Investment |
Unit 5
| Unit Size | 1,311 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,311 SF |
| Condo Use | Retail |
| Sale Type | Investment |
Unit Ground Flr
| Unit Size | 8,986 SF | Condo Use | Retail |
| Price | $2,492,838 CAD | Sale Type | Investment |
| Price Per SF | $277.41 CAD |
| Unit Size | 8,986 SF |
| Price | $2,492,838 CAD |
| Price Per SF | $277.41 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
SALE NOTES
This ±8,986 SF retail investment comprises six ground-floor condominium units within a modern mixed-use building positioned in one of Greensboro’s most prominent retail corridors. Located just 13 minutes from Piedmont Triad International Airport (PTI) and minutes from I-840, I-40, and I-85, the property offers exceptional regional connectivity and visibility for both tenants and customers. Surrounded by major employers, Fortune 500 facilities, retail corridors, and established affluent neighborhoods, it sits at the center of Greensboro’s commercial growth.
Zoned GB, the property supports retail, office, or showroom uses and offers immediate investor income with significant value-add upside through targeted repositioning and rent lifts. Built in 2008, the modern commercial space features strong parking ratios and direct highway access, attracting tenants from across the greater Piedmont Triad MSA. Ideal for 1031 buyers, private capital groups, and commercial operators seeking a North Carolina value-add retail investment with near-term cash flow and long-term exit potential.
CONTACTS
-
Robbie Perkins -
Tammy Dixon ,CCIM, CMB®, SIOR -
Brendan Richardson -
NAI Piedmont Triad
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2920 Martinsville Rd - Greensboro Value-Add Retail Investment
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