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Two-Tenant Retail Building
New
For Sale
$1,600,000

659 S Regional Road #1&2, Greensboro, NC 27409

A freestanding brick property combines an operating restaurant with a separate vacant storefront ready for build-out.

Property Size3,209 SF
Lot Size1.01 Acres
Price / SF$498.60
Days on Market6

Property Features for 659 S Regional Road #1&2

General Information

Standard status Active
Size 3,209 SF
Lot size 1.01 Acres
Property subtype Commercial
Zoning CD-C-M

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Anchor Co-Tenants Subway
Highway Access Yes

Additional Details

Tenant in Place Yes

Building Details

Year Built 1995
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: HOWARD HANNA ALLEN TATE - GREENSBORO
Listed By: FLETCHER BINGHAM
Source: Corcoran
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 26 at 4:12PM

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 HOWARD HANNA ALLEN TATE - GREENSBORO

Rey
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Investment Insights

Based on property information with market context.

The freestanding brick retail building contains 3,209 SF on 1.01 acres and was built in 1995. One 1,665 SF unit is occupied by a sit-down Subway restaurant with a drive-through; the Subway business is not included in the sale. The second unit, 1,544 SF, is vacant and has a separate storefront entrance, plumbing, HVAC, and lighting in place. The property also includes a pylon sign and a large parking lot.

Zoned CD-C-M, the site is 0.5 miles from I-40 and sits off NC Hwy 68. PTI Airport is a 10-minute drive away. Traffic counts cited for I-40 and NC Hwy 68 are 120,000 AADT and 27,500 AADT, respectively.

Key Highlights

  • 3,209 SF brick building on 1.01 acres; built in 1995
  • Two units: 1,665 SF restaurant and 1,544 SF vacant storefront
  • Restaurant space has a drive‑through; Subway business is excluded from the sale

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Catering Service Butcher Cafe & Coffee Shop

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby
97k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Hotels & Casinos 21% Shops & Services 12%
McDonald's Dining
31,166 visits/mo 0.4 miles
Bojangles' Famous Chicken 'n Biscuits Dining
13,809 visits/mo 0.2 miles
Wendy's Dining
10,122 visits/mo 0.2 miles
Exxon Shops & Services
8,732 visits/mo 0.4 miles
Ruby Tuesday Dining
6,945 visits/mo 0.3 miles

Demographics for 27409, NC

17,378
Population
9,616
Households
1.8
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
873
Density / Sq Mi
$57,862
Median Household Income
$40,298
Median Earnings
$1,173
Median Rent
$189,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Greensboro, NC

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

Frequently Asked Questions

What type of property is this?
Storefront property - A freestanding brick property combines an operating restaurant with a separate vacant storefront ready for build-out.
Where is this storefront property located?
The property is located at 659 S Regional Road #1&2 Greensboro, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,209 SF brick building on 1.01 acres; built in 1995; Two units: 1,665 SF restaurant and 1,544 SF vacant storefront; Restaurant space has a drive‑through; Subway business is excluded from the sale
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