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Retail Space in Northeast Greensboro
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1018 Summit Ave, Greensboro, NC 27405

Neighborhood center with high foot traffic and road visibility.

Space Size2,542 SF
Property Size110,956 SF
Days on Market1514

Property Features for 1018 Summit Ave

General Information

Standard status Active
Size 2,542 SF
Property subtype Retail

Building Details

Building Size 110,956 SF
Tenancy Multiple

Spaces For Lease

at 1018 Summit Ave Contact us

Suite 1002

Size
2,542 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Coastal Equities
Listed By: Jude Crayton · License #SC #45777
Source: Crexi
Added: Jul 1, 2022 Changed: Aug 9 Last Checked: Aug 22 at 12:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Equities

Investment Insights

Based on property information with market context.

Northeast Plaza is a 110,000 square foot neighborhood/community center located in northeast Greensboro, just off Wendover Avenue (Hwy 220) at the northeast corner of Summit and East Bessemer. Anchored by Compare Foods, the center features a mix of fashion and price point retailers, including Rite Aid, Rainbow Apparel, Shoe Show, Sally Beauty, Dollar Tree, and Rent-A-Center. Northeast Plaza experiences high foot traffic and offers excellent road visibility and easy access at a signalized intersection with over 51,000 cars per day.

Key Highlights

  • High foot traffic location.
  • Excellent road visibility.
  • Easy access at a signalized intersection.

Property Analytics

Current Use

American Deli Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Florist Tattoo & Piercing Shop Nursing Home Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,872
Businesses Nearby
227k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 61% Shops & Services 32% Apparel 6% Home Improvements & Furnishings 1%
McDonald's Dining
35,608 visits/mo 0.3 miles
Cook Out Dining
26,863 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,040 visits/mo 0.1 miles
SONIC Drive In Dining
14,589 visits/mo 0.2 miles
Wendy's Dining
12,329 visits/mo 0.2 miles

Demographics for 27405, NC

51,506
Population
21,762
Households
2.4
Avg Household Size
34
Median Age
23%
College-Educated
84%
High-School Grad
31.4 sq mi
ZIP Area
1,640
Density / Sq Mi
$46,498
Median Household Income
$31,677
Median Earnings
$1,002
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Retail in Greensboro, NC

6% 2020
6.5% 2021
4.6% 2022
4.7% 2023
4.6% 2024
4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood center with high foot traffic and road visibility.
Where is this shopping center located?
The property is located at 1018 Summit Ave Greensboro, NC.
What are key features of this property?
This property features: High foot traffic location.; Excellent road visibility.; Easy access at a signalized intersection.
More about this property
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