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415 Westcliff Rd
Greensboro, NC 27409

Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 7.04 AC
Rentable Building Area 128,287 SF
No. Stories 1
Year Built 1984
Tenancy Single
Parking Ratio 0.58/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 1

AMENITIES

  • Signage

ABOUT 415 WESTCLIFF RD , GREENSBORO, NC 27409

The subject property is a 128,827 square foot net leased Industrial building located at 415 Westcliff Rd. in Greensboro, North Carolina. The property is ideally located with direct visibility and signage on Interstate 40 (over 100,000 vehicles per day), and only eight minutes to the Piedmont Triad International Airport. The building was built in 1984, has 100% HVAC throughout the building, and has undergone several renovations with the most recent being in 2018. Some of these include 1) re-paving and restriping of the parking lot, 2) renovation of all HVAC units including some replacements, 3) repainting of the entire building exterior. A new TPO roof was installed in 2015. The property has been 100% occupied by PBM Graphics, a wholly owned subsidiary of RR Donnelly (A Fortune 500 company traded on NYSE) for more than 20 years. PBM Graphics just extended their lease another 7.9 years showing their continued commitment to the property. This property offers an outstanding investment opportunity for any investor seeking a geographically prominent property with a strong credit tenant (RR Donnelly lease guaranty) who has demonstrated a long term commitment to the property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0098060
Land Assessment
$851,800
Improvements Assessment
$7,372,100
Total Assessment
$8,223,900

ZONING

Zoning Code LI
LI
  • Listing ID: 13513342

  • Date on Market: 8/16/2018

  • Last Updated:

  • Address: 415 Westcliff Rd, Greensboro, NC 27409

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