View documents for this listing such as the Offering Memorandum (OM) and Rent Roll by clicking the button below!
Capstone is pleased to introduce the Triad Village
Development Site, a ±30.93-acre mixed-use development site opportunity
located in Greensboro, North Carolina that is zoned and entitled for apartments
and retail. The site is a prime development opportunity for developers seeking
to capitalize on the thriving market of Greensboro. The project offers up to 360
multi-family units and a retail component, with an LOI in hand from a national
retailer and significant interest to date for the additional retail pads.
Minimal offsite improvements are required for roads, and there are no present
environmental issues at the site. Triad Village sits along I-85, giving the
property high visibility and frontage with AADT of 12,000 on S Elm-Eugene and
58,500 on I-85. Additionally, utilities are easily accessible, with water
available across S Elm-Eugene Street. Triad Village is conveniently located
just 4.8 miles or a quick 10 minute drive away from Downtown Greensboro. Major
retailers including Lowe’s, Walmart, and Tractor Supply are located within a
mile of the site. Employment centers such as Toyota Motors, Boom Supersonic, LT
Apparel, and Proctor & Gamble are also located just a short distance away.
The zoned and entitled subject site presents developers with a unique
opportunity to deliver a new product to the red-hot market of Greensboro, North
Carolina.
Investment Highlights:
Zoned and Entitled Site with Streamlined Process to Development
Strong Emerging Market with Robust Market Fundamentals
Centrally Located to Greensboro’s Urban Core
Proximity to Major New Job Opportunities
Strategically Located in the Path of Greensboro’s Newest and Hottest Development Area