946 S. Chapman Street

~~Investment Highlights
8.48% Cap Rate - Current NNN lease expires 4/30/23 - Tenant has a 5-year option to renew with 60 days notice - Landlord is only responsible for roof, structures and parking lot. Tenant pays all taxes, insurance and utilities.
~~Warehouse
~~2,898 +/- SF fully-conditioned
Drive-in door: 1-10’ x 10’ (motorized)

~~Ceiling height: 11’ - 11’5” clear
Gas & electric tube heaters
 

~~Location
Summary
Less than three miles from Downtown Greensboro and UNCG
Within walking distance to the Greensboro Coliseum & Greensboro Aquatic Center
Convenient access to      I-40/US-421
Population :                         1-mile: 9,442                            3 -mile:66,012                 5-mile: 159,234

~~      Features
Approximately 4,218 square feet total
2,898 +/- SF fully conditioned warehouse
1,320 +/- SF showroom/office
Completely renovated in late 2017
Two drive-in doors
Ample security amenities
Current use is auto sales & repair but the building could accommodate a variety of businesses
 

   

 

   
 

Property Details
Property Type Retail
Zoning GB
Address 946 S. Chapman Street
Greensboro, NC 27403
County Guilford
For Sale/Lease Sale
Ceiling Heights 11 - 12 ft
Drive In Doors 2 Doors 9 - 10 ft
Year Built 1950
Year Renovated 2017
City Water Yes
City Sewer Yes
Lease Price per month $495,000.00
Total SF Available 4,218
Property Documents Brochure

Property Broker

Austin Hill

Contact: ahill@bipinc.com

Phone: 336 541-5510

Property Map

×