Retail Space Rents in Greensboro, NC
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 $17.33 per square foot.
Retail Space Lease Types in Greensboro, NC
The most common type of lease agreement you’ll find here is NNN, with 29 space(s) available under this type of arrangement.
The local market is also home to 5 retail space(s) offered under a Full Service lease agreement type, and 1 Modified Gross listing(s).
Most Common Type of Lease for Retail Buildings in Greensboro, NC
- NNN
29
- Full Service
5
- Modified Gross
1
Average Size of Retail Space for Lease in Greensboro, NC
The average size for this type of rental opportunity in Greensboro is 1,000 sqft to 2,500 sqft. Currently, the local market offers 52 listing(s) within that size range.
You can also search 35 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 Types You Can Lease in Greensboro, NC
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 Community Center. The average size you can expect to find for this category is 16,000 square feet. Community centers can incorporate grocery stores, discount department stores, large drugstores, and more. They’re meant to offer one-stop-shop convenience for residents of the surrounding area, so consider the local customer base when looking to lease a community center space.
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.
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.
Top Locations to Lease Retail Space in Greensboro, NC
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 — 18 retail space(s).
Greensboro’s second most popular area is New Irving Park, where you can find 10 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.
Battle Forest 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.
Key Factors to Consider When Choosing a Retail Space for Lease
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
4215 W. Wendover Avenue, Hewitt Area - Pomona, Greensboro, NC
1305 Battleground Ave., Lake Daniel, Greensboro, NC
1421 E Cone Blvd. , Rankin Area, Greensboro, NCProperty
3932 W Market St, Hamilton Forest, Greensboro, NC
3215 Battleground Ave, Garden Homes, Greensboro, NC.jpg?width=450 "5529 W Market St")
5529 W Market St, Friendswood, Greensboro, NCProperty.jpg?width=450 "1702 Fairview St")
1702 Fairview St, Cone Mills, Greensboro, NCProperty
4010 Battleground Avenue, Lake Brandt Estates, Greensboro, NC
3741 Battleground Ave, Saddlecreek, Greensboro, NCProperty
3726 Battleground Avenue, Battle Forest, Greensboro, NCProperty
300 W Gate City Blvd, Downtown Greensboro, Greensboro, NC
4207 Summit Ave, Rankin Area, Greensboro, NC
5710 W Gate City Boulevard, Greensboro, NC
3200 W Friendly Ave, Green Valley, Greensboro, NC
2500 Battleground Ave, Kirkwood, Greensboro, NCProperty
2275 Vanstory Street, Rolling Rodes, Greensboro, NCProperty
2414 Battleground Ave., Kirkwood, Greensboro, NC
1312 Bridford Pkwy, Oaks West - Beechcroft, Greensboro, NCProperty
1320 Lees Chapel Rd, O'Henry Oaks, Greensboro, NC
1410 Westover Terrace, Old Irving Park, Greensboro, NC