Greensboro / Winston-Salem Retail Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from , CBRE, Cushman & Wakefield,

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

Projected current retail pricing — Greensboro / Winston-Salem

Projected asking rent
$20.68–$20.79/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 6582% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 2026$20.68/SF
Q1 2026$19.85/SF24.0%38K SFCBRE
Q1 2026$21.50/SF4.2%Cushman & Wakefield
Q4 2021$14.00/SF6.0%2.0M SF

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.
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 CREhunt's Greensboro / Winston-Salem market data come from?
This report aggregates quarterly retail market data for Greensboro / Winston-Salem from CBRE, Cushman & Wakefield.