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Gate City Shopping Center
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3018 W Gate City Blvd, Greensboro, NC 27403

Established retail center with substantial space available for lease-up near major Greensboro destinations.

Property Size126,768 SF
Days on Market11

Property Features for 3018 W Gate City Blvd

General Information

Standard status Active
Size 126,768 SF
Property subtype Retail
Occupancy 61%
Investment Type Value Add
Net Operating Income $611,074

Site & Location

Traffic Count 121,000 vehicles/day
Highway Access Yes

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: CBRE Charlotte
Listed By: Erin Varol · License #NC 280805
Source: Crexi
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 29 at 6:40PM

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 CBRE Charlotte

Investment Insights

Based on property information with market context.

Gate City Shopping Center is a 126,768-square-foot retail property built in 1972. The center has 44,631 square feet remaining following Burlington’s recent reduction of its box, creating space for additional occupancy within the existing shopping center configuration.

The property is located at 3018 W Gate City Blvd in Greensboro, North Carolina, just off I-40, which carries 121,000 vehicles per day. First Horizon Coliseum and Four Seasons Town Centre are each approximately a five-minute drive from the center, while the nearby Koury Convention Center adds another established regional destination.

Key Highlights

  • 126,768 SF retail shopping center built in 1972
  • 44,631 SF remaining after Burlington’s recent box reduction
  • Just off I‑40 with 121k VPD

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) 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

121,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Sheetz Shops & Services
34,873 visits/mo 0.3 miles
Wendy's Dining
16,424 visits/mo 0.4 miles
Circle K Shops & Services
12,846 visits/mo 0.4 miles
SONIC Drive In Dining
11,734 visits/mo 0.2 miles
Burger King Dining
7,871 visits/mo 0.4 miles

Demographics for 27403, NC

23,679
Population
8,671
Households
2.7
Avg Household Size
28
Median Age
48%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
4,083
Density / Sq Mi
$56,722
Median Household Income
$24,843
Median Earnings
$998
Median Rent
$218,600
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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Similar Off Market Nearby

  • HODL Bitcoin ATM 1619 W Gate City Blvd, Greensboro, NC 27403
  • The Shops at Spartan Village 1201 W Gate City Blvd, Greensboro, NC 27403

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with substantial space available for lease-up near major Greensboro destinations.
Where is this shopping center located?
The property is located at 3018 W Gate City Blvd Greensboro, NC.
What are key features of this property?
This property features: 126,768 SF retail shopping center built in 1972; 44,631 SF remaining after Burlington’s recent box reduction; Just off I‑40 with 121k VPD
More about this property
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