4900 Koger Blvd
Greensboro, NC 27407
The Wingate Building · Office Property For Sale

The Wingate Building at 4900 Koger Boulevard presents a compelling value-add investment opportunity in Greensboro’s high-growth Piedmont Triad International Airport submarket. This four-story, multi-tenant office asset spans nearly 97,000 square feet and sits on 7.75 acres with direct frontage along the I-40 corridor, offering visibility to approximately 120,000 vehicles per day. Built in 1998 and currently 63% leased to 10 tenants, the property features a weighted average lease term of 4.06 years and an average lease rate of $17.02/SF Full Service, positioning it well below market comparables and replacement cost.
The surrounding region is undergoing transformative economic expansion, with over $7.1 billion in announced investments and 21,200 new jobs tied to major projects including JetZero’s advanced manufacturing facility, Boom Supersonic’s Overtone Superfactory, and Toyota’s battery plant in nearby Liberty. These developments are expected to drive sustained demand for office space, particularly in well-located assets like Wingate.
Tenants benefit from exceptional access to I-40, I-85, I-73, the Greensboro Urban Loop (I-840), and Piedmont Triad International Airport, with downtown Greensboro, High Point, and Winston-Salem all within a 15-minute drive. The property offers monument, building, and digital directory signage, 465 parking spaces (5.06/1,000 SF), and elevator service via two passenger and one freight elevator.
With minimal competing multi-tenant office construction in the pipeline, Wingate is well-positioned to capture leasing momentum and deliver strong upside through strategic lease-up and repositioning. The Greensboro MSA’s population growth, business climate, and household income levels further reinforce the long-term investment appeal of this asset.