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Retail Investment with 6.5% CAP
For Sale
Contact for pricing
Pending

621 Greenville Blvd SE, Greenville, NC 27858

For-sale retail property priced to yield a 6.50% cap on approximately 4,000 SF.

Property Size4,000 SF
Days on Market112

Property Features for 621 Greenville Blvd SE

General Information

Standard status Pending
Size 4,000 SF
Property subtype Retail

Additional Details

Cap Rate 6.5%
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 31 at 1:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This for-sale retail property is offered as an investment opportunity with a stated 6.50% CAP and approximately 4,000 SF of retail space. The listing information is presented for buyers and brokers evaluating income potential and purchase structure based on the provided cap rate.

The property is located at 621 Greenville Blvd SE in Greenville, NC. Additional building or tenant details were not included in the provided listing remarks, so due diligence should confirm the current physical condition, configuration, and any income specifics associated with the stated cap rate.

Key Highlights

  • For‑sale retail property priced to yield a 6.50% cap rate
  • Approximately 4,000 SF retail space

Property Analytics

Current Use

AT&T Store Mobile Phone Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Storage Facility Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby
935k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Superstores 25% Apparel 16% Shops & Services 15%
Walmart Superstores
124,313 visits/mo 0.5 miles
Target Superstores
112,444 visits/mo 0.3 miles
T.J. Maxx Apparel
63,622 visits/mo 0.2 miles
Chick-fil-A Dining
59,098 visits/mo 0.2 miles
Harris Teeter Groceries
54,164 visits/mo 0.3 miles

Demographics for 27858, NC

52,857
Population
26,281
Households
2
Avg Household Size
31
Median Age
46%
College-Educated
94%
High-School Grad
61.4 sq mi
ZIP Area
861
Density / Sq Mi
$60,915
Median Household Income
$34,598
Median Earnings
$1,042
Median Rent
$233,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail property priced to yield a 6.50% cap on approximately 4,000 SF.
Where is this retail space located?
The property is located at 621 Greenville Blvd SE Greenville, NC.
What are key features of this property?
This property features: For‑sale retail property priced to yield a 6.50% cap rate; Approximately 4,000 SF retail space
(216) 264-2000 Call to check price and availability
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