Licensed North Carolina Real Estate Broker — Affiliated with G Brokerage

Sell Your Commercial Property in Greensboro, NC

Greensboro sits at the crossroads of I-40 and I-85 — two of the Southeast's most important freight corridors — making it a logistics and distribution powerhouse that draws investor interest from well beyond North Carolina. The city's commercial real estate market offers a compelling combination: lower entry prices than Charlotte or the Triangle, strong industrial fundamentals driven by transportation infrastructure, and a diversifying economy that's adding healthcare and professional services jobs. Property owners in Greensboro have an opportunity to sell into a market where investor demand increasingly outpaces quality inventory.

No upfront feesConfidential process$500K - $10M+ properties
2x
Dual Expertise
Business broker + CRE advisor. Most brokers only do one.
90
Day Avg. to Offer
Well-priced properties with strong financials attract fast offers.
$0
Upfront Cost
Success-based fees only. You pay nothing until your property sells.
Market Intelligence

Greensboro Commercial Real Estate Market

Greensboro's strategic position at the intersection of I-40 and I-85 — the two primary freight corridors connecting the Eastern Seaboard to the Midwest — has established the city as a logistics and distribution hub that punches above its weight class. The Piedmont Triad International Airport's cargo operations, FedEx Ground's regional hub, and Amazon's growing distribution presence create industrial demand that keeps warehouse vacancy among the lowest in the state outside of Charlotte.

Beyond logistics, Greensboro's economy is diversifying through healthcare expansion led by Cone Health and Moses Cone Hospital, professional services growth in the downtown corridor, and manufacturing modernization. The University of North Carolina at Greensboro and NC A&T State University contribute a combined 30,000+ students and significant research activity. This institutional presence stabilizes demand for nearby commercial properties and creates a pipeline of young professionals who support retail and housing development.

Greensboro offers investors higher yields than Charlotte or Raleigh — typically 100 to 200 basis points more — while still providing the economic fundamentals of a metro area approaching one million people. This yield advantage attracts value-oriented investors, 1031 exchange buyers from higher-priced markets, and regional operators looking to build portfolios. For sellers, this means a motivated buyer pool that understands Greensboro's value proposition and moves quickly on well-priced properties.

300,000+
Population
1.2% annually
Annual Growth
48000
Median Income
0.04
Unemployment
Major Employers: Cone Health, UNC Greensboro, Honda Aircraft, Volvo Trucks, VF Corporation
Economic Drivers: Logistics & Distribution, Manufacturing, Healthcare, Education, Aviation
What's Selling

Top Property Types in Greensboro

01

Industrial / Warehouse

Greensboro's I-40/I-85 interchange gives industrial properties here a logistics advantage that few NC markets can match. Distribution centers, freight consolidation facilities, and light manufacturing operations compete for space along the Wendover Avenue, Landmark Center, and PTI airport corridors. FedEx, Amazon, and regional third-party logistics companies anchor tenant demand. Properties with modern clear heights (28'+), dock-high loading, and trailer parking command the strongest buyer interest.

02

Retail (Strip Center)

Cone Health and Moses Cone Hospital anchor a healthcare ecosystem that employs thousands and generates sustained demand for medical office, outpatient surgery centers, and specialty clinics throughout Greensboro. Properties along Elm-Eugene Street, Battleground Avenue, and near the Wendover medical corridor see low vacancy and stable rents. Multi-tenant medical buildings with diversified specialty mixes attract the most competitive bidding from investors.

03

Office

Greensboro's retail landscape is defined by established corridors — Friendly Center, Battleground Avenue, Wendover Avenue, and the revitalizing downtown — each serving distinct demographic profiles. Grocery-anchored centers with Harris Teeter, Publix, or Food Lion anchors remain the most liquid retail asset class. Downtown Greensboro's ongoing revitalization, including the Tanger Center performing arts venue, is creating new demand for restaurant and experiential retail space.

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Market Data

Greensboro Cap Rate Ranges

Property TypeTypical Cap Rate
Industrial6.0% - 8.0%
Retail6.5% - 9.0%
Office7.0% - 9.5%
Mixed-Use6.5% - 8.5%
NNN Lease5.0% - 7.0%

Greensboro cap rates are generally higher than Charlotte and Raleigh, reflecting stronger yields for investors. Industrial properties near I-40/I-85 command the best pricing.

Your Advisor

Why Greensboro Property Owners Work With John Salony

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.

Common Questions

Selling Commercial Property in Greensboro

Industrial and warehouse properties along the I-40/I-85 corridor are the strongest performers in Greensboro, followed by grocery-anchored retail and medical office near major health systems.
Most commercial property sales in Greensboro take 4 to 10 months from listing to closing. Well-priced industrial properties with strong tenant occupancy can close faster.
Greensboro cap rates run 100 to 200 basis points higher than Charlotte or Raleigh, offering investors stronger cash-on-cash returns. Industrial trades at 6.5% to 8.5%, with modern distribution space near PTI airport at the lower end. Retail ranges from 6.5% to 9.0%, heavily dependent on anchor quality and location. Medical office near Cone Health facilities trades at 6.0% to 8.0%. General office ranges from 7.5% to 10.0%, with downtown Class A performing best.
Yes — Greensboro's buyer pool includes regional operators and small private equity firms who prefer acquiring both the business and the real estate, particularly in logistics, healthcare services, and food manufacturing. John Salony structures combined transactions that maximize total deal value, including sale-leaseback arrangements where you sell the property and lease it back for continued operations. This dual M&A and CRE expertise is especially valuable in Greensboro's mid-market deal environment.
Greensboro's logistics infrastructure is becoming more valuable as supply chain nearshoring trends accelerate. Industrial vacancy is at historic lows, healthcare employment is expanding, and the city's yield advantage over Charlotte and Raleigh continues to attract capital from investors seeking better returns. Properties along the I-40/I-85 corridors and near healthcare campuses are particularly well-positioned. A confidential consultation can clarify your property's competitive position and optimal sale timing.
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Licensed NC Real Estate Broker #302735 | Affiliated with G Brokerage Commercial Real Estate Inc.
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