603 Milner Drive   |  603 Milner Drive   |   4,400 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Jordan Cooper at jordan@LTPcommercial.com

    —or—

    Cole Carns at ccarns@ltpcommercial.com

    This fully occupied retail building is located off Friendly Avenue (50,201 VPD) and College Road (41,614 VPD) in a commercial block of national retailers and multi-family apartments. The building is in good condition with ample on-site parking. All units are sub-metered for water and power, below market rental rates create lots of upside potential for an investor or business owner who wants to occupy a portion of the building once the leases expire.

    Address:603 Milner Drive
    City:Greensboro
    Zip:27410
    Avail sf ± 4,400
    Price$580,000
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Investment
    Avail sf ± 4,400
    Retail sf ± 4,400
    Year Built ±2004, Renovated in 2008
    Floors ±1
    Acres ±0.41
    Lot Size0.41 Acres
    Parking24 Spaces
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    ZoningGB
    County:Guilford , NC
    Tax PIN7835-71-8826.00

    PRICING & TERMS

    Price$580,000
    NOI$50,180
    Tax Value$460,500
    Cap Rate8.65%
    CommentsThis fully occupied retail building is located off Friendly Avenue (50,201 VPD) and College Road (41,614 VPD) in a commercial block of national retailers and multi-family apartments. The building is in good condition with ample on-site parking. All units are sub-metered for water and power, below market rental rates create lots of upside potential for an investor or business owner who wants to occupy a portion of the building once the leases expire.