4636 Market St Greensboro, NC 27407

This exceptional investment opportunity presents a 2,284 square foot, freestanding Truist Bank building in Greensboro, NC. Located on a 0.83-acre lot at the signalized intersection of West Market Street and Spring Garden Street, this property benefits from over 84,000 vehicles passing daily. The building, constructed in 1996 and renovated in 2003, is an outparcel to a Planet Fitness-anchored shopping center, surrounded by numerous national retailers such as McDonald's, Wendy's, Walgreens, and 7-Eleven. The property features a drive-thru ATM. Currently operating under an absolute triple-net lease with a corporate guarantee, the lease has approximately 1.7 years remaining (expiring 11/29/2025), offering a unique repositioning opportunity for the new owner without incurring NNN costs. The asking price is $2,062,948, representing a price per square foot of $903.24 and an 8.50% cap rate, with a current NOI of $175,350. The strong demographics within a five-mile radius include 189,937 residents and an average household income of $76,895. This single-unit property presents a compelling investment opportunity with significant upside potential. The lease commenced on November 30, 2005, and there are no rent bumps or lease options.