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    3200 Friendly Ave Greensboro, NC 27408

    For Lease
    Contact for pricing

    Massive 147,766 SF Sears Box Available

    Lot size:
    147,766 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents a substantial 147,766 square foot single-tenant building, formerly a Sears, situated on a sprawling 126-acre lot. Located at 3200 W Friendly Ave in Greensboro, North Carolina, zip code 27408, this property offers unparalleled visibility and accessibility within Guilford County. The entire building is currently vacant, presenting a blank canvas for a wide range of retail concepts. The expansive footprint allows for significant customization and adaptation to suit a variety of business needs. The property's substantial lot size provides ample parking and potential for future expansion or development. This is a rare chance to acquire a significant retail space in a prime Greensboro location. The property's size and location make it ideal for large-format retailers, distribution centers, or other businesses requiring substantial space. The address is easily accessible from major roadways, ensuring high traffic volume and excellent visibility. This is a unique opportunity to establish a strong presence in a thriving market. The property is classified as a strip center and is available for lease. The property's size and location offer significant potential for a variety of retail uses. Serious inquiries only.

    Property Features for 3200 Friendly Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    147,766 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    147,766 SF

    HighLights

    • 147,766 SF single‑tenant building, formerly a Sears, on a 126‑acre lot in Greensboro, NC (27408).
    • Located in the Friendly Center, one of the Triad's largest open‑air shopping centers.
    • Part of a 126‑acre development with over 90 best‑in‑class retailers, including Whole Foods, Macy's, and others.
    • Over 1 million square feet total project size.
    • Existing auto service center available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sears Department Store Sears Appliance Repair Appliance Repair Service Bruce Wagoner Christmas ... Christmas Tree Farm Sears Hearing Center Hearing Aid Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.8340512
    Latitude
    36.0864945

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    FAQs

    What type of property is this?
    Neighborhood center - Massive 147,766 SF Sears Box Available
    Where is this neighborhood center located?
    The property is located at 3200 Friendly Ave Greensboro, NC.
    What are key features of this property?
    This property features: 147,766 SF single-tenant building, formerly a Sears, on a 126-acre lot in Greensboro, NC (27408).; Located in the Friendly Center, one of the Triad's largest open-air shopping centers.; Part of a 126-acre development with over 90 best-in-class retailers, including Whole Foods, Macy's, and others.
    Request Owner's contact information
    3200 Friendly Ave Greensboro, NC 27408
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    Greensboro, NC 27408
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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
    3200 Friendly Ave Greensboro, NC 27408
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