3110 Kathleen Ave, Greensboro, NC 27408
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.
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Amazon Locker - Panch Courier Service Postal Service
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CBL & Associates Properties Real Estate Agency
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First Citizens Bank ATM Atm
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Greensboro Weight Loss Clinic Health Counselor
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TRT Therapy Clinic - TTC Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.