Greensboro Retail Asset For
For Sale
Contact for pricing
Pending
2641 Randleman Road, Greensboro, NC 27406
Value-add opportunity with significant vacancy and below-market rents.
Property Size15,000 SF
Days on Market109
Property Features for 2641 Randleman Road
General Information
Standard status
Pending
Size
15,000 SF
Property subtype
Retail
Occupancy
50%
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1984
Units
8
Tenancy
Multi
Listing Agency:
Bryant Capital Advisors
Listed By:
Andrew Roupas · License #NC 356434
Source:
Crexi
Added: Apr 23
Changed: Aug 8
Last Checked: Aug 8 at 3:10PM
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.
The property at 2641 Randleman Road is a 15,000 SF multi-tenant neighborhood retail asset situated along an established commercial corridor in Greensboro, North Carolina. Configured as small shop space, it caters to local service-oriented tenants. The investment opportunity is defined by significant vacancy, approximately 50% of the property, and below-market in-place rents. This creates a potential path to income growth through lease-up and mark-to-market execution without major capital improvements. The surrounding submarket supports neighborhood retail demand through residential density, workforce presence, and proximity to major employment drivers, with over 31,000 vehicles per day on Randleman Road. The property benefits from access to I-40 and I-85 and is within commuting distance of the Toyota Battery Manufacturing facility in Randolph County, which is expected to drive sustained job growth and population support across the broader Triad region. This opportunity allows investors to capture upside through lease-up and rent growth within a defined value-add strategy.
Key Highlights
- Significant vacancy (approximately 50%) allows for immediate lease‑up and stabilization opportunities.
- Below‑market in‑place rents provide upside through mark‑to‑market execution.
- Located on Randleman Road with high traffic volume (over 31,000 vehicles per day).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Groceries 35%
Dining 4%
Apparel 4%
Food Lion Grocery Store
Groceries
25,785 visits/mo
0.3 miles
Dollar Tree
Shops & Services
19,211 visits/mo
0.5 miles
Aldi
Groceries
9,908 visits/mo
0.4 miles
Wells Fargo
Shops & Services
9,581 visits/mo
0.3 miles
Dollar General
Shops & Services
8,469 visits/mo
0.1 miles
Demographics for 27406, NC
61,597
Population
28,080
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
69.4 sq mi
ZIP Area
888
Density / Sq Mi
$56,748
Median Household Income
$37,095
Median Earnings
$1,103
Median Rent
$191,800
Median Home Value
Market
Vacancy Rate% for Retail in Greensboro, NC
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Similar Off Market Nearby
- Ace Beauty Supply — 2918 Randleman Rd, Greensboro, NC 27406
- Paper craft — Randleman Rd, Greensboro, NC 27406
- Una Vida Saludable — 2609-A Randleman Rd, Greensboro, NC 27406
Frequently Asked Questions
What type of property is this?
Shopping center - Value-add opportunity with significant vacancy and below-market rents.
Where is this shopping center located?
The property is located at 2641 Randleman Road Greensboro, NC.
What are key features of this property?
This property features: Significant vacancy (approximately 50%) allows for immediate lease‑up and stabilization opportunities.; Below‑market in‑place rents provide upside through mark‑to‑market execution.; Located on Randleman Road with high traffic volume (over 31,000 vehicles per day).
