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Freestanding Light Industrial Flex Building
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120 Landmark Dr, Greensboro, NC 27409

Single-tenant facility combines renovated office space, warehouse area, loading access, and a fenced gravel laydown yard.

Property Size15,000 SF
Days on Market9

Property Features for 120 Landmark Dr

General Information

Standard status Active
Size 15,000 SF
Property subtype INDUSTRIAL
Lease Type SF/yr
Listing Agency: NAI Piedmont Triad
Listed By: Robbie Perkins, SIOR, CCIM
Source: Moodyscre
Added: Jul 24 Changed: Jul 31 Last Checked: Jul 31 at 11:03AM

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 NAI Piedmont Triad

Investment Insights

Based on property information with market context.

Freestanding 15,000-square-foot light industrial building on 1.87 acres, built in 1984 and configured for single-tenant occupancy. Approximately 4,000–5,000 square feet of high-quality office space is under renovation, with the balance dedicated to warehouse use. The building offers 12-foot clear height at the eaves and 15 feet at the center, one dock-high door, one drive-in door, 40 parking spaces, four bathrooms, HVAC throughout, and LED lighting.

The property includes an approximately 0.25-acre gravel, fenced IOS laydown yard. Zoned LI—Light Industrial, the facility has one electrical service with three 200-amp subpanels at 120/208V, plus a separate three-phase, 230-volt service in the shop area. The building is not sprinklered and has one column line running down the middle, with an approximately 50-foot width. Delivery is scheduled for Q4 of this year.

Key Highlights

  • 15,000 SF freestanding building on 1.87 AC
  • 4,000–5,000 SF of office space under renovation; balance is warehouse
  • 12’ clear height at the eaves and 15’ at the center

Property Analytics

Current Use

Carlton Scale Factory Crews Crane Training ... Training Center Xtern Software (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Garden Center Bakery

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27409, NC

17,378
Population
9,616
Households
1.8
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
873
Density / Sq Mi
$57,862
Median Household Income
$40,298
Median Earnings
$1,173
Median Rent
$189,200
Median Home Value

Market

Lease Benchmarks for Greensboro, NC

$90.14 /SF/Yr
Avg Asking Price
$12–$141 /SF/Yr
Price Range
2,201 SF
Avg Space Size

This space is priced 87% below the average of $90.14 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Single-tenant facility combines renovated office space, warehouse area, loading access, and a fenced gravel laydown yard.
Where is this flex space located?
The property is located at 120 Landmark Dr Greensboro, NC.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 15,000 SF freestanding building on 1.87 AC; 4,000–5,000 SF of office space under renovation; balance is warehouse; 12’ clear height at the eaves and 15’ at the center
(336) 337-0059 Call to check price and availability
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