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31546048
31546049

2641 Randleman Rd, Greensboro, NC 27406

CI
Bryant Capital Advisors
AR
NC NC 356434
Bryant Capital Advisors
JV
NC 350592
Bryant Capital Advisors
Bryant Capital Advisors
Bryant Capital Advisors
Listed by Bryant Capital Advisors
Unpriced
57 days on market
Updated 14 days ago

Randleman Road Shopping Center

Details
APN 7874-74-4953
Property Type Retail
Sub Type Shopping Center
Square Footage 15,000
Year Built 1984
Zoning LI

Retail | 15,000 SqFt

Marketing description

Bryant Capital Advisors is pleased to present the exclusive offering of 2641 Randleman Road, a 15,000 SF multi-tenant neighborhood retail asset located along an established commercial corridor in Greensboro, North Carolina. The property features small shop suites designed for service-oriented tenants, a format aligned with durable demand drivers in infill retail locations.

The investment is defined by significant vacancy and below-market in-place rents, creating a clear path to income growth. Approximately 50% of the property is currently vacant, allowing an investor to drive lease-up and stabilization without major capital improvements. In-place rents averaging approximately $10.61/SF are materially below market levels, providing additional upside through mark-to-market execution.

The property benefits from strong visibility along Randleman Road, which sees over 31,000 vehicles per day, and offers convenient access to Interstates 40 and 85. The surrounding submarket supports neighborhood retail demand through residential density, workforce presence, and proximity to major employment drivers across the Triad region.

Offered at a basis reflective of in-place income rather than stabilized performance, the opportunity allows investors to capture upside through lease-up and rent growth within a defined value-add strategy. The property consists of approximately 15,000 square feet across eight suites on 1.34 acres, providing flexibility for a range of neighborhood retail users.

Investment highlights

  • Value-Add Retail with Lease-Up Opportunity
  • ~50% Vacancy with Immediate NOI Growth Potential
  • Below-Market Rents with Mark-to-Market Upside
  • ±31,000 VPD High-Visibility Location
  • 15,000 SF Multi-Tenant Retail Center
  • Flexible 1,000–3,500 SF Suites
  • Access to I-40 & I-85
  • Infill Greensboro Retail Corridor

Listing Contacts

CI
Bryant Capital Advisors
AR
NC NC 356434
Bryant Capital Advisors
JV
NC 350592
Bryant Capital Advisors
Bryant Capital Advisors
Bryant Capital Advisors
Listed by Bryant Capital Advisors

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Additional Information

Name
Carolyn Ismaili
License
302936
Brokerage
Bryant Capital Advisors
Brokerage Phone
9198009170
Title
Real Estate Broker/Transaction Manager
Brokerage Address
4509 Creedmoor Road
Name
Andrew Roupas
License
NC 356434
Brokerage
The Overton Group
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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