Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Courier Service Postal Service
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Real Estate Agency
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Atm
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Health Counselor
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Corporate Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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