930-934 S Chapman StGreensboro, NC 27403
Prime Retail & Flex For Sale
Stabilized Retail/Flex Opportunity in Greensboro
Overview
930–934 S Chapman St in Greensboro, NC presents a strong NNN retail/flex investment opportunity. The 3,611 SF building sits on 0.24 acres and is leased through 8/31/2032, with the tenant responsible for all expenses. Offered at $706,667, the property delivers a 9.0% cap rate with an average NOI of $63,600, making it a compelling option for investors seeking stable cash flow. Positioned in a growing Greensboro market, this asset combines reliable income with long-term potential. Its CM zoning provides desirable flexibility for future redevelopment or repositioning, while the secure lease structure ensures predictable returns.
Investment Highlights
- Attractive Pricing – Offered at $706,667, delivering a competitive entry point into the Greensboro market.
- Strong Returns – 9.0% cap rate supported by an average NOI of $63,600 over 7 years.
- Tenant-Paid Expenses – Absolute NNN lease structure with tenant responsible for all operating costs.
- Long-Term Lease – Secure lease with Guzman Customs Auto Studio through August 31, 2032 (~7 years remaining).
- Income Growth – Rent schedule provides steady increases from $56,400 in Year 1 to $70,800 in Year 7.
- Flexible Zoning – CM zoning allows for a wide range of retail, flex, or redevelopment uses.
- 1031 Exchange Opportunity – Attractive replacement property offering secure returns and future upside
Photo Gallery
930-934 S Chapman StGreensboro, NC 27403
Sales Team
Listing provided by Revere CRE