101 Centreport DrGreensboro, NC 27409

Property Details for 101 Centreport Dr

Year built

1997

Construction

FRAME

Lot size

5.38 AC

Property size (Sq ft)

83,965 SF

Zone code

BP

Property type

Office properties

Property subtype

Other office properties

APN

98322

APU

98322

Description

This exceptional sublease opportunity presents ±6,917 square feet of first-floor office space within the CentrePort Office Park. Located in a single, four-story building totaling 62,719 square feet, this space is ideal for a business seeking a move-in ready solution. The suite boasts approximately 12 offices, providing ample room for staff and individual workspaces. A well-appointed break room/kitchenette ensures employee convenience, while a dedicated conference room facilitates productive meetings. A welcoming receptionist/lobby area creates a professional first impression for clients and visitors. The building was constructed in 1990 and offers convenient access to major transportation arteries, including I-40, US-421, I-73, Highway 68, and Wendover Avenue. The strategic location also places the property in close proximity to Piedmont Triad International Airport (PTI), a variety of hotels, restaurants, and retail shopping options. This sublease agreement extends through March 2025, offering a flexible and cost-effective solution for businesses seeking a prime office location. The property is a traditional office space, also suitable for executive office needs. Don't miss this chance to secure a well-appointed office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $9,211,946

  6.5%

  $8,503,335

  7%

  $7,895,954

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,657,926

  Geo Method

  $19,273,326

• Alternative Use

  Use

  Valuation

  Residential

  $10,544,135

  Hospitality

  $9,658,371

  Educational

  $8,035,652

  Medical

  $8,312,010

  Retail

  $12,499,902

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0849

Longitude

-79.9639

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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