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34177431
34177430

120 W. Meadowview Road, Greensboro, NC 27406

CI
Bryant Capital Advisors
AR
NC NC 356434
Bryant Capital Advisors
JV
NC 350592
Bryant Capital Advisors
Listed by Bryant Capital Advisors
Unpriced
2 days on market
Updated 2 days ago

South Elm Shopping Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 65,189
NOI $433,217
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 1988
Buildings 1
Acreage 8.260
Zoning C-H
Investment Type Stabilized

Retail | 65,189 SqFt

Marketing description

Bryant Capital Advisors is pleased to present the exclusive listing of South Elm Shopping Center, a grocery-anchored neighborhood shopping center located in the heart of an established infill retail corridor in Greensboro, North Carolina. Anchored by Food Lion and complemented by a diverse mix of necessity-based retailers, the property serves as a longstanding retail destination for the surrounding community and benefits from consistent daily consumer traffic, strong visibility, and excellent accessibility.

The offering provides investors with durable in-place cash flow supported by a stable, necessity-based tenant roster and defensive neighborhood retail fundamentals. Pro forma underwriting reflects a stabilized going-in Net Operating Income of approximately $430,000, achieved by removing roughly $29,000 in ownership-specific operating expenses that are not anticipated to be incurred by a future purchaser. Through contractual rent growth, lease rollover, and proactive asset management, NOI is projected to increase to more than $650,000 by Year 10, representing significant embedded upside.

Situated within the rapidly expanding Piedmont Triad region, the property is well-positioned to benefit from continued population growth, corporate investment, and economic expansion throughout the Greensboro market. Combined with its established infill location, diversified necessity-based tenant mix, and meaningful NOI growth potential, South Elm Shopping Center presents investors with a compelling blend of current yield and long-term value creation.

Investment highlights

  • Food Lion Anchor with Lease through 2051
  • Necessity-Based Tenant Mix Provides Defensive Income
  • Projected NOI Growth Exceeding 50% Over 10-year Hold Period
  • Established Infill Greensboro Retail Corridor
  • Durable Cash Flow from Established Grocery-Anchored Center
  • Significant Embedded NOI Growth Potential
  • Strategic Infill Greensboro Location
  • Beneficiary of the Expanding Triad Economy

Listing Contacts

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

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$433,217.00
$36,101.42/mo

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Map

Zoning

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C-H CommercialSpecial CommercialCommercial High
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Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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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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