Greensboro, NC Retail Space for Lease
Search 65 retail listings in Greensboro, NC and find helpful local stats in the Market Overview section below.
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Greensboro asks $18.33 per square foot.
The most common type of lease agreement you’ll find here is NNN, with 35 space(s) available under this type of arrangement. The local market is also home to 3 retail space(s) offered under a Full Service lease agreement type, and 3 Modified Gross listing(s).
The average size for this type of rental opportunity in Greensboro is 1,000 sqft to 2,500 sqft. Currently, the local market offers 65 listing(s) within that size range. You can also search 39 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail space in Greensboro comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 5 such space(s) available.
Restaurant spaces listed for rent here have an average size of 7,026 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
The local market is also home to 1 space(s) listed as Neighborhood Center. The average size you can expect to find for this category is 16,000 square feet. Functioning like smaller-scale community centers, this type of space brings together several categories of retailers and other businesses to fulfill most or all of the needs of the population in the surrounding area.
What’s more, you can find 1 listing(s) in the Freestanding category, currently available in the average size of 2,647 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.
Restaurant
5
Neighborhood Center
1
Freestanding
1
Restaurant
7,026 sq. ft.
Neighborhood Center
16,000 sq. ft.
Freestanding
2,647 sq. ft.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
O'Henry Oaks is your top choice for lease opportunities, as it is currently home to the highest number of listings — 21 retail space(s).
Greensboro’s second most popular area is New Irving Park, where you can find 11 retail listing(s). The most likely type of space you can rent here is Restaurant. If this is the kind of property you are looking for, you will find 1 listing(s) available here.
Rankin Area is also among the best areas to search for your next commercial space. Here you can find 10 retail space(s) available for consideration by prospective tenants, of which 1 are Neighborhood Center.
O'Henry Oaks
21
New Irving Park
11
Rankin Area
10
Hamilton Forest
9
Downtown Greensboro
8
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
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