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NNN-Leased Restaurant Property
For Sale
Contact for pricing
Pending

221 S Elm St, Greensboro, NC 27401

Downtown Greensboro offering with restaurant and lounge operations and separate purchase options.

Property SizeContact for details
Days on Market143

Property Features for 221 S Elm St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Kerala Capital Group
Listed By: Dan Hill · License #NC 275697
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:24PM

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 Kerala Capital Group

Investment Insights

Based on property information with market context.

The offering includes a NNN-leased restaurant and lounge property at 221 S Elm St in downtown Greensboro. The asset is identified as a restaurant and lounge use within the downtown commercial setting.

The property may be acquired individually or together with an additional property at 113 S. Elm. The two-property configuration provides flexibility for buyers considering a single asset or a combined portfolio acquisition. Offering details and confidentiality requirements are available through the broker.

Key Highlights

  • NNN‑leased restaurant and lounge property
  • Located at 221 S Elm St in downtown Greensboro, NC 27401
  • Available for purchase individually or together with an additional property

Property Analytics

Current Use

Tranquilo Bar & Pub Pura Vida Cocktail ... Restaurant Muscle Men Male ... Theater & Performing Art Venue

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service

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

3,266
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 21% Hotels & Casinos 13%
Starbucks Dining
19,427 visits/mo 0.4 miles
Mellow Mushroom Dining
12,040 visits/mo 0.3 miles
Mr. Tire Shops & Services
5,043 visits/mo 0.5 miles
BonChon Chicken Dining
4,844 visits/mo 0.3 miles
Hampton Inn & Suites Hotels & Casinos
4,444 visits/mo 0.2 miles

Demographics for 27401, NC

21,854
Population
9,650
Households
2.3
Avg Household Size
29
Median Age
32%
College-Educated
85%
High-School Grad
5.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$44,524
Median Household Income
$22,542
Median Earnings
$883
Median Rent
$138,300
Median Home Value

Market

Vacancy Rate% for Retail in Greensboro, NC

6% 2020
6.5% 2021
4.6% 2022
4.7% 2023
4.6% 2024
4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Downtown Greensboro offering with restaurant and lounge operations and separate purchase options.
Where is this nnn property located?
The property is located at 221 S Elm St Greensboro, NC.
What are key features of this property?
This property features: NNN‑leased restaurant and lounge property; Located at 221 S Elm St in downtown Greensboro, NC 27401; Available for purchase individually or together with an additional property
More about this property
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