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Greensboro Office Portfolio

2 Office Properties Offered at £10,432,406 in Greensboro, NC

Investment Highlights

  • CAP RATE: 8.03% Current, 9.02% Trending
  • NOI: $1,071,000 Current, $1,193,776 Trending

Executive Summary

2307 W. Cone Blvd. | 96.68% Occupied | $741,834 NOI 2025: This ±72,000 SF property is comprised of three office buildings conveniently located in Northwest Greensboro on West Cone Blvd. (19,000 VPD). This opportunity offers a reliable stream of income with strong occupancy rates, operating history, and a diverse tenant mix. Upside potential with rent increases and adding paid services such as wifi, printing services, vending machines, etc. In-place management can stay for future buyer.
204 Muirs Chapel Road | 97.25% Occupied | $451,942 NOI 2025: Stable ±35,000 SF well-maintained office building located in Greensboro, NC. One anchor tenant occupies the entire second floor. The first and third floor are comprised of executive office suites and turn-key suites. Ample parking, excellent visibility, and a convenient location. Onsite management with front desk/executive services that can be further tweaked and monetized. Can be packaged with 2307 W. Cone Blvd. for a package sale to benefit from cross-management.

Property Facts

Price £10,432,406
Price / SF £188.09 / SF
Net Initial Yield 8.03%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 55,465 SF
Total Land Area 8.00 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Muirwood Office Center
204 Muirs Chapel Rd, Greensboro, NC 27410
Office 31,465 SF 2001 -
2307 W Cone Blvd, Greensboro, NC 27408 Office 24,000 SF 1970 -
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  • Listing ID: 34132583

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: Greensboro Office Portfolio, Greensboro, NC

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