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