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Freestanding Restaurant in Shopping Center
For Lease
Contact for pricing

2036 Rankin Mill Rd, Greensboro, NC 27405

Freestanding ±4,557 SF restaurant space in a center anchored by Food Lion and CVS.

Space Size4,557 SF
Days on Market597

Property Features for 2036 Rankin Mill Rd

General Information

Standard status Active
Size 4,557 SF
Property subtype RETAIL

Spaces For Lease

at 2036 Rankin Mill Rd Contact us

2036 Rankin Mill Rd

Floor
Bldg
Size
4,557 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, 30 Days
Sublease
No
- ± 4,557 SF freestanding restaurant coming available - Located in Hicone Shopping...
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Listing Agency: New South Properties of the Carolinas
Listed By: Chris Vasbinder, CCIM · License #199483
Source: Moodyscre
Added: Jan 16, 2025 Changed: Sep 3 Last Checked: Sep 4 at 6:19PM

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 New South Properties of the Carolinas

Investment Insights

Based on property information with market context.

A freestanding restaurant opportunity is available at approximately 4,557 square feet. The space is part of Hicone Shopping Center and is positioned as a standalone food and beverage option within the retail environment.

The shopping center is anchored by Food Lion and CVS, with Food Lion operating at the center for 32 years and CVS for 22 years. Overall, 9 of 17 tenants have been in place for more than 10 years, reflecting long-term stability. Regional access includes the future Greensboro Urban Loop (planned as I-840), described as a 44-mile bypass intended to provide a more direct route for traffic coming from the south and east of the city and traveling north and west. The property is approximately 7 miles from downtown Greensboro.

Key Highlights

  • ±4,557 SF freestanding restaurant space coming available
  • Located in a shopping center anchored by Food Lion and CVS
  • Food Lion has operated at the center for 32 years; CVS has operated for 22 years

Property Analytics

Current Use

Karondas Bar & Pub

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Dental Office Restaurant Hair Salon Auto Parts Store

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

83
Businesses Nearby
73k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 42% Shops & Services 35% Dining 24%
Food Lion Grocery Store Groceries
30,388 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,220 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
11,076 visits/mo 0.3 miles
Dollar General Shops & Services
8,001 visits/mo 0.2 miles
SUBWAY Dining
3,578 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding ±4,557 SF restaurant space in a center anchored by Food Lion and CVS.
Where is this conventional restaurant located?
The property is located at 2036 Rankin Mill Rd Greensboro, NC.
What are key features of this property?
This property features: ±4,557 SF freestanding restaurant space coming available; Located in a shopping center anchored by Food Lion and CVS; Food Lion has operated at the center for 32 years; CVS has operated for 22 years
(704) 927-2881 Call to check price and availability
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