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5409 W Friendly Ave
Greensboro, NC 27410
Friendly Ave · Office Property For Sale
·
22,024 SF Total


INVESTMENT HIGHLIGHTS
- Freestanding medical office with turnkey interiors
- Located on a 25,500 VPD corridor near PTI Airport
- Value-add potential through lease-up and rent resets
- Three monument signs and dedicated parking across buildings
- 61% occupancy with personally guaranteed leases
- Surrounded by retail, residential, and institutional anchors
EXECUTIVE SUMMARY
NAI Piedmont Triad presents a rare opportunity to acquire a strategically located medical and office portfolio totaling 20,784 square feet across three buildings on 3.72 acres in Greensboro, North Carolina. Anchored by a freestanding medical office at 5409 W. Friendly Avenue, the property is fully outfitted with six exam rooms, imaging and lab areas, and a nurse station—ideal for immediate owner-occupant use. The adjacent buildings at 5411 and 5415 W. Friendly Avenue offer multi-tenant configurations with front and rear access, monument signage, and ample parking, supporting both stabilized income and value-add upside. With a current occupancy rate of 61%, investors can capitalize on near-term lease-up potential, rent adjustments, and lease restructuring to drive NOI growth. Located along a high-visibility corridor with 25,500 vehicles per day, the site benefits from proximity to PTI Airport, major highways, and a growing residential and retail base. The area’s economic momentum is underscored by JetZero’s new facility, bringing 14,700 jobs and $4.7 billion in investment to the region. This portfolio offers a compelling blend of immediate usability and long-term upside, making it a strategic acquisition for investors or end-users seeking a foothold in one of North Carolina’s most dynamic submarkets.
PROPERTY FACTS Under Contract
| Price / SF | $165.72 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 22,024 SF |
| Status | Under Contract | Total Land Area | 6.87 AC |
| Number of Properties | 3 |
| Price / SF | $165.72 CAD / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 22,024 SF |
| Total Land Area | 6.87 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Quaker West Office Park
5415 W Friendly Ave, Greensboro, NC 27410 |
Office | 10,000 SF | 1985 | - |
|
Quaker West
5411 W Friendly Ave, Greensboro, NC 27410 |
Office | 8,856 SF | 1985 | - |
| 5409 W Friendly Ave, Greensboro, NC 27410 | Office | 3,168 SF | 1993 | - |
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