New Garden Crossing

Off-Market

1571 New Garden Road, Greensboro, NC 27410

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  • Property Type Retail - Community Center
  • Property Size 168,950 SF
  • Lot Size 21.63 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2000

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 23 Apr, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Greensboro

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Greensboro Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.07
  • 2022 Office Vacancy Rate 12.83%
  • 2022 Office Completions (SF) 194,200

Greensboro Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $109.20
  • Y-o-Y Avg. PpSF Change -8.99%
  • 2022 Office Sales Volume $73.6M
  • 2022 Number of Transactions 10
View more Greensboro market trends

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Greensboro, NC
  • Neighborhood Friendly Lakes
  • Zip Code 27410
  • Market Winston Salem Greensboro

Points of Interest

  • Greensboro

    6.08 miles

  • Shell

    0.06 miles

  • Sheetz

    0.51 miles

  • BP

    1.63 miles

  • Speedway

    1.66 miles

  • Citgo

    1.66 miles

  • BP

    1.71 miles

  • Circle K

    1.91 miles

  • Exxon

    2.01 miles

  • BP

    2.39 miles

  • Harris Teeter Fuel

    2.41 miles

  • Rental Car Parking

    2.65 miles

  • Rental Car Overflow Parking

    2.77 miles

  • Employee Parking

    2.81 miles

  • Rental Returns Parking

    3.00 miles

  • Long Term Parking

    3.10 miles

  • Long Term Garage Parking

    3.24 miles

  • Long Term Parking

    3.34 miles

  • FAA Parking

    3.46 miles

  • Strawberry Road Trailhead

    4.35 miles

  • Anna Long Marshall Wayside

    4.48 miles

  • Fuji Asian Food Express

    0.05 miles

  • Mario's Pizza

    0.06 miles

  • Subway

    0.07 miles

  • East Coast Wings & Grill

    0.09 miles

  • Red Robin

    0.09 miles

  • Firehouse Subs

    0.14 miles

  • Chili's

    0.16 miles

  • McAlister's Deli

    0.17 miles

  • Salsarita's Fresh Mexican Grill

    0.18 miles

  • Panera Bread

    0.19 miles

  • Lowes Foods

    0.10 miles

  • Marshalls

    0.15 miles

  • The Fresh Market

    0.15 miles

  • Aldi

    0.17 miles

  • Target

    0.30 miles

  • Harris Teeter

    0.50 miles

  • Food Lion

    1.56 miles

  • Quaker Village

    1.68 miles

  • Harris Teeter

    1.76 miles

  • Walmart Neighborhood Market

    1.77 miles

Frequently Asked Questions

What is the total square footage of New Garden Crossing?

New Garden Crossing totals 168,950 square feet.

When was this property built?

New Garden Crossing was built in 2000.

When was New Garden Crossing last sold?

New Garden Crossing was last sold on 23 Apr, 2021.

What is the property tax for New Garden Crossing?

The property tax for New Garden Crossing in 2023 was $197,978.

What is the market value for New Garden Crossing?

The market value* for New Garden Crossing in 2023 was $14,111,100.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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