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603 Dolley Madison Road

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INVESTMENT OFFERING

SAB Capital is pleased to present 603 Dolley Madison Road, an 8-tenant building in Greensboro, North Carolina. The building has a mix of medical office and business tenants, and sits in a dense trade area with national tenants including Wal-Mart, Harris Teeter, Chick-fil-A, Bank of America, and CVS Pharmacy. The property is situated in a core demographical submarket with approximately 3.3 million square feet of office in 3 miles and over 150,000 residents in 5 miles.

  • 8-Tenant Medical/Professional Office Building in Greensboro, NC | Third-Most Populous City in North Carolina
  • Nearly 70% of the Building is Under Long-Term Leases | 2027, 2029 and 2030 Expirations For the Three Major Spaces
  • Strong Mix of Tenancy | Both Essential Medical Office Tenants and Professional Tenants
  • Core Market Fundamentals | Over 165,000 Residents Within 5 Miles of the Subject
  • High Growth Market | 7.8% Population Increase Within 5 Miles of the Subject
  • Adjacent to Quaker Village Shopping Mall | 83K Square Foot Shopping Center Anchored by Walmart

Tenant Price Cap Rate Lease Type Square Feet Status
Mixed-Tenant $5,300,000 6.41% NNN 28,177 Available

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