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    5605 Friendly Ave Greensboro, NC 27410

    Sponsored
    For Lease
    Contact for pricing

    Prime Greensboro retail space, 3 suites available.

    Lot size:
    86,429 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Quaker Village, located at 5605 W Friendly Ave in Greensboro, NC (zip code 27410), presents a unique retail investment opportunity. This established shopping center, situated on a 0.93-acre lot in Guilford County, offers multiple spaces for lease, ranging from a minimum of 1,175 square feet to a maximum contiguous space of 4,400 square feet. The total building size encompasses 86,429 square feet, currently housing three suites. A significant portion of the center underwent a major renovation in 2015, resulting in a modern and updated aesthetic. This renovation included the construction of a new Walmart Neighborhood Market and the refurbishment of approximately 44,000 square feet of smaller retail spaces. Currently, 5,575 square feet of retail space is available for lease. The property benefits from its central location along the heavily trafficked W. Friendly Ave retail corridor, near Guilford College, ensuring high visibility and accessibility for potential tenants. This makes Quaker Village an ideal location for businesses seeking a thriving retail environment in a well-established Greensboro community.

    Property Features for 5605 Friendly Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    86,429 SF

    Building Details

    Year Renovated
    2015

    Unit(s) available at that property

    Space
    B1-A
    Size
    1,175 SF
    Space
    B4
    Size
    4,400 SF
    Space
    OP1
    Size
    0 SF

    HighLights

    • Shadow‑anchored by Walmart Neighborhood Market, with strong co‑tenancy including Starbucks, Chipotle, Jimmy John's, and Anytime Fitness.
    • Less than 3 miles from Friendly Center, a major regional shopping mall.
    • Across the street from Guilford College, a 1,200‑student campus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Taqueria El Azteca ... Mexican Restaurant Quaker Village Barber ... Barber Shop Anytime Fitness Gym Carolina's Diner Diner BenchMark Physical Therapy Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -79.8853853
    Latitude
    36.0884567

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Greensboro retail space, 3 suites available.
    Where is this lifestyle center located?
    The property is located at 5605 Friendly Ave Greensboro, NC.
    What are key features of this property?
    This property features: Shadow-anchored by Walmart Neighborhood Market, with strong co-tenancy including Starbucks, Chipotle, Jimmy John's, and Anytime Fitness.; Less than 3 miles from Friendly Center, a major regional shopping mall.; Across the street from Guilford College, a 1,200-student campus.
    Request Owner's contact information
    5605 Friendly Ave Greensboro, NC 27410
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    Greensboro, NC 27410
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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
    5605 Friendly Ave Greensboro, NC 27410
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