What is the average asking rent for retail space in Greensboro / Winston-Salem?

As of Q1 2026, the average asking rent for retail space in Greensboro / Winston-Salem was $20.68/SF, per NAI Piedmont Triad Q1.

What is the retail vacancy rate in Greensboro / Winston-Salem?

Vacancy data for Greensboro / Winston-Salem retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.

Where does PropZone's Greensboro / Winston-Salem market data come from?

This report aggregates quarterly retail market data for Greensboro / Winston-Salem from NAI Piedmont Triad Q1, CBRE, Cushman & Wakefield, Lee Associates.

Greensboro / Winston-Salem Retail Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from NAI Piedmont Triad Q1, CBRE, Cushman & Wakefield, Lee Associates

Quarterly retail market indicators for Greensboro / Winston-Salem, aggregated by PropZone from NAI Piedmont Triad Q1, CBRE, Cushman & Wakefield, Lee Associates. As of Q1 2026, average asking rent was $20.68/SF.

Projected current retail pricing — Greensboro / Winston-Salem

low confidence

Projected asking rent

$20.68–$20.74/SF/yr

Estimated sale value

$171–$216/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.3%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 65–82% net-operating-income margin.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q1 2026	$20.68/SF	—	—	—	NAI Piedmont Triad Q1
Q1 2026	$19.85/SF	24.0%	38K SF	—	CBRE
Q1 2026	$21.50/SF	4.2%	—	—	Cushman & Wakefield
Q4 2021	$14.00/SF	6.0%	2.0M SF	—	Lee Associates

Frequently asked questions

What is the average asking rent for retail space in Greensboro / Winston-Salem?: As of Q1 2026, the average asking rent for retail space in Greensboro / Winston-Salem was $20.68/SF, per NAI Piedmont Triad Q1.
What is the retail vacancy rate in Greensboro / Winston-Salem?: Vacancy data for Greensboro / Winston-Salem retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
Where does PropZone's Greensboro / Winston-Salem market data come from?: This report aggregates quarterly retail market data for Greensboro / Winston-Salem from NAI Piedmont Triad Q1, CBRE, Cushman & Wakefield, Lee Associates.

Looking for active inventory? Browse retail listings, read how to buy retail property, see interactive market trends, or estimate a property's rent or price.