2607 E. Wendover Avenue   |  2607 E. Wendover Avenue   |  

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Nick Gonzalez at nick@ltpcommercial.com

    —or—

    Cole Carns at ccarns@ltpcommercial.com

    Opportunity to purchase a property leased at below-market rents with reliable rental income secured for +-5 years. There is significant long-term upside income potential on this single-tenant property leased to a childcare/learning facility. Very well-maintained and conveniently located on large, oversized lot. 

    Address:2607 E. Wendover Avenue
    City:Greensboro
    Zip:27405
    Price$517,000
  • Aerial Map
  • PROPERTY DETAILS

    Property Type Investment
    Building sf ± 9,016
    Year Built ±1960
    Bldg ExteriorBrick
    Lot Size2.54
    SprinkleredNo

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    ZoningCD-O
    County:Guilford , NC
    Tax PIN7875728010

    PRICING & TERMS

    Price$517,000
    NOI$36,246
    Cap Rate7.00%
    Terms5+/- years remaining on lease, current lease rate is $5.59 modified gross
    CommentsOpportunity to purchase a property leased at below-market rents with reliable rental income secured for +-5 years. There is significant long-term upside income potential on this single-tenant property leased to a childcare/learning facility. Very well-maintained and conveniently located on large, oversized lot.