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Three-Building Office Portfolio
For Sale
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Pending

5409 5411 & 5415 W Friendly Ave, Greensboro, NC 27408

Multi-building asset combines in-place tenants with flexibility for investors and owner-occupants.

Property Size20,784 SF
Days on Market143

Property Features for 5409 5411 & 5415 W Friendly Ave

General Information

Standard status Pending
Size 20,784 SF
Property subtype Office

Building Details

Buildings 3
Tenancy Multi
Listing Agency: NAI Piedmont Triad
Listed By: Allen Jones · License #NC
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 8:03PM

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.

This office portfolio includes three buildings totaling 20,784 SF. The properties are positioned across two parcels and include an established tenant base, supporting both continued occupancy and potential owner-user flexibility. The mix of office and medical office space broadens the portfolio’s existing commercial profile.

The buildings are located at 5409, 5411, and 5415 W. Friendly Avenue in Greensboro, North Carolina. The corridor provides access to major residential, retail, and institutional anchors, with proximity to PTI Airport. The portfolio also benefits from visibility along an established Greensboro thoroughfare and offers investors a multi-building asset with in-place income.

Key Highlights

  • Three‑building office portfolio totaling 20,784 SF
  • Office and medical office properties across two parcels
  • In‑place tenant mix provides current income

Property Analytics

Current Use

AllergyCorp Group Medical Clinic Quinlan Aveline F ... Physician Ear Dr. 5409 ... Physician Better Care Medical Clinic Dr. Phillip Hobbs Pediatrician

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop HVAC Service Auto Parts Store Big Box & Wholesale 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

Demographics for 27408, NC

17,896
Population
8,043
Households
2.2
Avg Household Size
44
Median Age
65%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
2,324
Density / Sq Mi
$89,524
Median Household Income
$53,080
Median Earnings
$1,139
Median Rent
$331,000
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-building asset combines in-place tenants with flexibility for investors and owner-occupants.
Where is this office building located?
The property is located at 5409 5411 & 5415 W Friendly Ave Greensboro, NC.
What are key features of this property?
This property features: Three‑building office portfolio totaling 20,784 SF; Office and medical office properties across two parcels; In‑place tenant mix provides current income
(336) 686-5388 Call to check price and availability
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