4701 W Gate City Blvd Greensboro, NC 27407

Listing office Joubran Commercial Properties J*@JoubranCommercial.com

Listing date Aug 21, 2024

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Investment Insights

Based on property information with market context.

This fully leased retail shopping center is located at the corner of West Gate City Blvd and Groometown Road. The property encompasses approximately 53,000 square feet on a 4.15-acre lot. It features full access off Bowman Avenue. The tenants are all local, and there is potential for increasing the rental rates, which are currently about fifty percent below market. Many tenants are operating on a month-to-month basis or have less than a year remaining on their leases.

Key Highlights

• Fully leased retail shopping center.
• Significant potential to increase rental rates (currently 50% below market).
• Located on a corner lot at West Gate City Blvd and Groometown Road.

Property Analytics

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• Sedgefield Crossing Shopping Center — 4605-4621 W Gate City Blvd, Greensboro, NC 27407
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FAQs

What type of property is this?

Shopping center - Fully leased retail center with potential for increased rental income.

Where is this shopping center located?

The property is located at 4701 W Gate City Blvd Greensboro, NC.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Fully leased retail shopping center.; Significant potential to increase rental rates (currently 50% below market).; Located on a corner lot at West Gate City Blvd and Groometown Road.