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    114 Elm St Greensboro, NC 27401

    Sponsored
    For Lease
    $15 SF/Yr ($7,500 /Mo)

    Downtown Greensboro Office Space Available

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Greensboro, NC property at 114 N. Elm St. offers 6,000 square feet of versatile retail and office space, currently entirely vacant and available for lease. The building is divided into four individual suites, each offering a unique opportunity for businesses seeking a prominent downtown location. Suite sizes range from a minimum of 1,000 square feet to a maximum contiguous space of 2,200 square feet, providing flexibility for various business needs. The property's "Executive Office" designation highlights its suitability for professional firms seeking a sophisticated and well-located workspace. Situated in the heart of Greensboro, within Guilford County, this location benefits from high visibility and easy access to major transportation routes. The address, 114 N Elm St, Greensboro, NC 27401, places businesses within walking distance of numerous amenities, enhancing employee convenience and attracting clients. This is an excellent opportunity to establish a presence in a thriving downtown area. The entire 6,000 square feet is available, allowing for a single tenant to occupy the entire building or multiple tenants to occupy individual suites. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

    Property Features for 114 Elm St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    7500

    Unit(s) available at that property

    Space
    Suite 400
    Size
    2,200 SF
    Rate per SF
    $15
    Space
    Suite 200
    Size
    1,200 SF
    Rate per SF
    $15
    Space
    Suite 112
    Size
    1,600 SF
    Rate per SF
    $24
    Space
    Suite 101
    Size
    1,000 SF
    Rate per SF
    $24

    HighLights

    • High foot traffic area; approximately 500+ pedestrians during weekday lunch hours.
    • Excellent street visibility and signage opportunities.
    • Diverse customer base near popular restaurants, cafes, and shops.
    • Proximity to Center City Park, Tanger Performing Arts Center, and Greensboro Symphony.
    • Vibrant location with a mix of office, retail, and residential uses.
    • Strong business environment surrounded by established businesses and professional services.
    Property Profile Location Intelligence

    Current Use by Public Records

    International Food, LLC Mexican Restaurant Press Play Studios Recording Studio Zaytoon Mediterranean Grill ... Mediterranean Restaurant GSO Cleaning Solutions Cleaners Aron Dickerson, Jr ... Real Estate Agent

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.7899386
    Latitude
    36.0730514

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Greensboro Office Space Available
    Where is this office property / space located?
    The property is located at 114 Elm St Greensboro, NC.
    What is the lease rate?
    The lease rate is $15-$24 SF/Yr.
    What are key features of this property?
    This property features: High foot traffic area; approximately 500+ pedestrians during weekday lunch hours.; Excellent street visibility and signage opportunities.; Diverse customer base near popular restaurants, cafes, and shops.
    Request Owner's contact information
    114 Elm St Greensboro, NC 27401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Elm St Greensboro, NC 27401
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