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2400 S Memorial Drive, Greenville, NC 27834

A 13-space retail property with a mix of national, regional, and local occupants.

Property Size85,471 SF
Lot Size9.86 Acres
Days on Market5

Property Features for 2400 S Memorial Drive

General Information

Standard status Active
Size 85,471 SF
Lot size 9.86 Acres
Property subtype Retail
Occupancy 98%
Net Operating Income $552,849

Building Details

Tenancy Multi
Listing Agency: Bryant Capital Advisors
Listed By: Jake Viverette · License #NC 350592
Source: Crexi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:45PM

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 Bryant Capital Advisors

Investment Insights

Based on property information with market context.

This 85,471-square-foot retail center occupies approximately 9.86 acres and contains 13 occupied tenant spaces. Occupancy is 98%, with a tenant roster that includes Roses, Citi Trends, Rent-A-Center, Johnny's Tire, H&R Block, and Buddy's. No tenant represents more than approximately 27% of the property's square footage, and the weighted average lease term is 2.7 years.

Located at 2400 S Memorial Drive in Greenville, North Carolina, the property brings together national, regional, and local retailers under one ownership. Its leases expire on a staggered schedule, and current underwriting projects NOI growth of nearly 59% by Year 5 as leases roll.

Key Highlights

  • 85,471‑square‑foot retail center on approximately 9.86 acres
  • 98% occupancy across 13 occupied tenant spaces
  • Tenant roster includes Roses, Citi Trends, Rent‑A‑Center, Johnny's Tire, H&R Block, and Buddy's

Property Analytics

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Current Use

Roses Express Discount Store Citi Trends Clothing & Fashion Store NY Grocery Grocery & Convenience Store Eyebrow Threading Hair Salon Sheree lash and Brows ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Electrical Service Hair Salon Garden Center (Bike/Boat/Book/etc) Store Nail Salon

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

98%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby
93k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Dining 38% Groceries 21%
Sheetz Shops & Services
37,529 visits/mo 0.1 miles
McDonald's Dining
24,403 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
19,894 visits/mo 0.4 miles
Burger King Dining
11,418 visits/mo 0.3 miles

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - A 13-space retail property with a mix of national, regional, and local occupants.
Where is this shopping center located?
The property is located at 2400 S Memorial Drive Greenville, NC.
What are key features of this property?
This property features: 85,471‑square‑foot retail center on approximately 9.86 acres; 98% occupancy across 13 occupied tenant spaces; Tenant roster includes Roses, Citi Trends, Rent‑A‑Center, Johnny's Tire, H&R Block, and Buddy's
(804) 754-5462 Call to check price and availability
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