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    3110 Kathleen Ave Greensboro, NC 27408

    Sponsored
    For Lease
    Contact for pricing

    Prime Greensboro location, multiple spaces available.

    Lot size:
    1,367,802 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Friendly Center offers a unique investment opportunity in Greensboro, North Carolina. This expansive 1,367,802 square foot property, originally built in 1957 and extensively renovated in 2013, boasts a diverse range of spaces suitable for retail, restaurant, and various office configurations including executive, coworking, medical, creative, and traditional office uses. The property is situated on a substantial 126-acre lot, strategically located in the heart of Greensboro and surrounded on three sides by residential areas, ensuring high visibility and accessibility. Its prime location is adjacent to a top-tier Class A office submarket, providing excellent synergy and potential for cross-market clientele. The center currently features a number of exclusive retail tenants, including Apple, Pottery Barn, and Williams-Sonoma, establishing a strong anchor tenant base and attracting a high volume of foot traffic. With ample parking accommodating 5264 vehicles, the property offers unparalleled convenience for both tenants and customers. Currently, one retail space of 3,283 square feet is immediately available, presenting a compelling opportunity for businesses seeking a prominent location within a thriving commercial center in Guilford County, NC, zip code 27408. The property's size and diverse tenant mix create a robust and stable investment opportunity.

    Property Features for 3110 Kathleen Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,367,802 SF

    Building Details

    Year Built/Renovated
    1957/2013

    Unit(s) available at that property

    Space
    312
    Size
    3,283 SF

    HighLights

    • 15‑minute drive to Piedmont Triad International Airport (PTI), serving nearly 900,000 passengers annually.
    • Strong employment base driven by healthcare, hospitals, and aviation, including Honda Jet's global headquarters and manufacturing plant in Greensboro.
    • Located in the Triad Market (Greensboro, High Point, Winston‑Salem), North Carolina's largest market.
    • Proximity to seven colleges and universities, including UNC Greensboro and NC State University (3 miles away, combined enrollment exceeding 30,000 students).
    Property Profile Location Intelligence

    Current Use by Public Records

    Amazon Locker - Panch Shipping And Mailing Service CBL & Associates Properties Real Estate Agency First Citizens Bank ... Atm Greensboro Weight Loss ... Health Counselor TRT Therapy Clinic ... Corporate Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.8313083
    Latitude
    36.0855296

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    FAQs

    What type of property is this?
    Restaurant - Prime Greensboro location, multiple spaces available.
    Where is this restaurant located?
    The property is located at 3110 Kathleen Ave Greensboro, NC.
    What are key features of this property?
    This property features: 15-minute drive to Piedmont Triad International Airport (PTI), serving nearly 900,000 passengers annually.; Strong employment base driven by healthcare, hospitals, and aviation, including Honda Jet's global headquarters and manufacturing plant in Greensboro.; Located in the Triad Market (Greensboro, High Point, Winston-Salem), North Carolina's largest market.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3110 Kathleen Ave Greensboro, NC 27408
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