Done Deals: Major Shopping Center Site To Be Sold in Greensboro, NC

Tuesday, May 6, 2008

Major Shopping Center Site To Be Sold in Greensboro, NC

GREENSBORO, N.C., PRNewswire/ -- The Board of Directors of Hedgecock Builders Supply Company of Greensboro has declared the former Hedgecock Builders Supply Company site (above photo) at Market Street and Guilford College Road to

be sold.

Hedgecock Builders Supply Company operated on this site since the 1950s.

After many decades of success at this location, they have closed the business and are now ready to sell this important commercial property.

The property consists of 37.333+/-Acres which will be offered in two parcels and as a whole.This property represents one of the largest shopping center development sites in western Greensboro.

It is strategically located near the new Honda Jet facility, (photo at left below) the FedEx hub (photo at right) and the Piedmont Triad International Airport.(top left photo)

It is currently zoned CU-SC and RM-12, which allows for sh

opping center development in addition to high density residential.

The firm of Iron Horse Auction Company, Inc. of Rockingham, NC has been commissioned to conduct the offering, which shall be a Sealed Bid Auction.The bids will be received until Wednesday, June 4th at 2pm.

Thomas McInnis of Iron Horse Auction Company, Inc. states

: "This property represents an outstanding development opportunity due to the size of the tract. It is one of the largest development sites in the western Greensboro & airport area. This property is ripe for a variety of exciting ventures. We invite all interested parties to inspect and participate in this important event."