
Pinnacle Bank – Greensboro, NC
707 Green Valley Road, Greensboro, NC, 27408, US
MYR 42,827,000 | 2,049 m²
Ashley Plaza is an established 163,856 square foot super regional community shopping center located at 201 North Berkeley Boulevard in Goldsboro, North Carolina. Built in 1984 and renovated in 2018, this well-positioned retail development sits on 15.49 acres and is 99% leased to a productive anchor lineup including Hobby Lobby, Harbor Freight Tools, Planet Fitness, and Ashley HomeStore that collectively draw over 1 million visits annually. The property is strategically positioned along Goldsboro's premier retail corridor at the intersection of North Berkeley Boulevard and Ash Street with combined traffic counts of 38,000 VPD, ideally situated between two major economic anchors - UNC Health Wayne Hospital and Seymour Johnson Air Force Base, which together create a combined economic impact exceeding $1.5 billion with total employment of over 6,500 people. The center serves a stable demographic with an average household income of $75,215 within a 3-mile radius and benefits from significant mark-to-market potential with over $150,000 in achievable NOI growth.
LOCATED ALONG GOLDSBORO'S PREMIER RETAIL CORRIDOR
• Located at the intersection of N. Berkeley Blvd and Ash St (combined 38K VPD)
• High visibility with easy access from key roadways
ACHIEVABLE NOI GROWTH VIA MARK-TO-MARKET POTENTIAL
• Mark-to-Market opportunity - potential to increase base rental revenue by $150K+
PRODUCTIVE ANCHOR LINEUP
• Anchored by Hobby Lobby, Ashley Furniture, Planet Fitness, and Harbor Freight Tools - Drawing Over 1 Million Visits Annually
RECENTLY RENOVATED (2018)
• Limited capital expense exposure in near-term future
IDEALLY SITUATED BETWEEN TWO MAJOR ECONOMIC ANCHORS
• UNC Health Wayne Hospital and Seymour Johnson Air Force Base
• The combined economic impact exceeds $1.5 Billion with total employment of over 6,500 people