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Industrial Property For Sale

1055 Alamance Church Rd, Greensboro North Carolina, 27406

Listing ID: CL-North Carolina-25 Commercial Warehouse Industrial
Published on: Wednesday, May 21, 2025 | Updated on: Friday, August 15, 2025

Listing Summary

This 14,660 sq ft industrial/mixed-use property offers a compelling value-add investment opportunity with a current cap rate of 7.37% and a pro-forma cap rate of 9.63%.

Full Description

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me"

 

This 14,660 sq ft industrial/mixed-use property offers a compelling value-add investment opportunity with a current cap rate of 7.37% and a pro-forma cap rate of 9.63%. Built in 1997 and renovated in 2005, the property consists of five single-story buildings on 2.06 acres with Light Industrial zoning. It's currently 63% occupied across 164 units, generating a NOI of $162,180 (pro-forma NOI of $211,894). This Class B, multi-tenant flex/warehouse asset is offered on a Gross Lease basis, with broker co-operation available.

Quick Glance
  • Listing ID: CL-North Carolina-25
  • Status: Active
  • Year Build: 1997
  • Building Size: 14,660 SqFt
  • Lot Size: N/A

Additional Links

Property Documents

Complete Details

  • Year Build: 1997
  • Building Size: 14,660 SqFt
  • No of Stories: 1
  • No of Parking: 0
  • No of Total Units: 164
  • Heating and Cooling: 5
  • Building Class: Class B
  • Occupancy: 63

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Pricing Details

  • Acquisition Option Traditional Purchase
  • Cap Rate (%) 7%
  • Commission 0%
  • Monthly Income $0.00
  • Business Included No

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