CBRE Represents $20.8M Sale Of Mixed-Use Property In Greensboro, NC
416 Gallimore Dairy Road, Greensboro, North Carolina 27409, United States
$20,800,000
$90/SF
Building Size
229,184 SF
Asset Type
Mixed-use
Closing
Aug 25, 2022
AI
The mixed-use property located at 416 Gallimore Dairy Rd in Greensboro, NC has recently been sold for a total price of $20,800,000. The property spans across 229,184 square feet, resulting in a price per square foot of $91.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $20,800,000
- Square Footage: 229,184
- Price per Square Foot: $91
- Address: 416 Gallimore Dairy Rd, Greensboro, NC
- Market: Greensboro, NC
The sale of this property was facilitated by the following brokers from CBRE: Patrick Gildea, Matt Smith, Grayson Hawkins, and Reggie Beeson.
Players
Greensboro Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93