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619 Regional Rd 4,965 SF Retail Building Greensboro, NC 27409 $2,128,778 CAD ($428.76 CAD/SF) 6.49% Cap Rate
INVESTMENT HIGHLIGHTS
- Centrally located restaurant in PTIA submarket. Located near hotels, extended stay and other hospitaily uses.
- Restaurant in very good condition
- Excellent tenant in place
EXECUTIVE SUMMARY
NNN investment opportunity with personal guaranties and 4 years remaining on 5 year extension. Fantastic location in the rapidly expanding Greensboro Piedmont Triad Airport Sub-market.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,965 SF
Building Class
B
Year Built
2008
Price
$2,128,778 CAD
Price Per SF
$428.76 CAD
Cap Rate
6.49%
NOI
$138,196 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.58 AC
Zoning
HB - Highway Business
Parking
102 Spaces (20.54 Spaces per 1,000 SF Leased)
Frontage
221’ on Regional Rd
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Mariscos Nayarit
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Mariscos Nayarit | Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0098303 | Improvements Assessment | $1,031,046 CAD (2025) |
| Land Assessment | $678,909 CAD (2025) | Total Assessment | $1,709,955 CAD (2025) |
PROPERTY TAXES
Parcel Number
0098303
Land Assessment
$678,909 CAD (2025)
Improvements Assessment
$1,031,046 CAD (2025)
Total Assessment
$1,709,955 CAD (2025)
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619 Regional Rd
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