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West Market Shopping Center 4639-4653 W Market St
7,300 - 15,300 SF of Retail Space Available in Greensboro, NC 27407
Highlights
- Heavy traffic from Food Lion and Strength & Body. Great mix of new and long term tenants. Massive revitalization under way!
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 8,000 SF | 12’ - 16’ | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $86.11 /m²/YR $7.18 /m²/MO $5,333 /MO $64,000 /YR | Triple Net (NNN) | |
| 1st Floor, Ste 9 | 7,300 SF | 9’ - 12’ | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $86.11 /m²/YR $7.18 /m²/MO $4,867 /MO $58,400 /YR | Triple Net (NNN) |
4639-4653 W Market St - 1st Floor
Wide open retails space... perfect for showroom, furniture, etc
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space In Need of Renovation
- Finished Ceilings: 12’ - 16’
4639-4653 W Market St - 1st Floor - Ste 9
Former Skilled Gaming location, perfect for Retail, Service industry (dog grooming, salon, etc), assembly - lots of restrooms
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Space In Need of Renovation
- Finished Ceilings: 9’ - 12’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT West Market Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Black Friday Liquidations
- Retailer
- 1
- -
- Cato
- Ladies' Apparel
- 1,825
- National
- Food Lion
- Supermarket
- 1,446
- National
- Jackie Vanhook
- Other Retail
- 1
- Local
- Royal Discount Furniture
- Furniture/Mattress
- 1
- Local
- Strength & Body
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Black Friday Liquidations | Retailer | 1 | - |
| Cato | Ladies' Apparel | 1,825 | National |
| Food Lion | Supermarket | 1,446 | National |
| Jackie Vanhook | Other Retail | 1 | Local |
| Royal Discount Furniture | Furniture/Mattress | 1 | Local |
| Strength & Body | Services | 1 | - |
PROPERTY FACTS FOR 4639-4653 W Market St , Greensboro, NC 27407
| Center Type | Community Center | Frontage | 822’ on W Market St |
| Parking | 789 Spaces | Gross Leasable Area | 173,256 SF |
| Stores | 15 | Total Land Area | 27.37 AC |
| Center Properties | 5 | Year Built | 1963 |
| Center Type | Community Center |
| Parking | 789 Spaces |
| Stores | 15 |
| Center Properties | 5 |
| Frontage | 822’ on W Market St |
| Gross Leasable Area | 173,256 SF |
| Total Land Area | 27.37 AC |
| Year Built | 1963 |
About the Property
Shopping center under new ownership! Extensive exterior renovations in 2020 and 2021 including parking lot, exterior masonry and paint, new roofs, multiple new HVAC units, LED lighting. New ownership looking to attract stable, long term tenants to participate in the revitalization and growth in the Greensboro market. Amazing location. Food Lion and Strength & Body anchored.
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
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West Market Shopping Center | 4639-4653 W Market St
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