5705 W Gate City Blvd
Greensboro, NC 27407
SunTrust Bank · Retail Property For Sale

The subject investment property is situated on High Point Rd, which boasts average daily traffic counts exceeding 18,000 vehicles respectively. High Point Rd intersects with the Mackay Rd and Interstate-73, which brings an additional 19,710 and 19,000 vehicles into the immediate area on average daily. There are more than 43,256 individuals residing within a three-mile radius of the property and more than 125,559 individuals within a five-mile radius. The subject property benefits from being well-positioned off of Interstate-73. Major national tenants include: Walgreens, Harris Teeter, McDonalds, Dollar Tree, Sheetz, and Bank of America. This SunTrust Bank also benefits from being situated within a five-mile radius Guilford Technical Community College. Guilford Technical Community College has a total enrollment exceeding 15,134 students. Guilford Technical Community College is a public community college in the Piedmont Triad of North Carolina and also has campuses in Jamestown and High Point. The Greensboro and the surrounding Piedmont Triad area economies were originally centered around textiles, tobacco, and furniture. Greensboro's central proximity in the state has made it a popular place for families and businesses. Interstate 85, Interstate 40 and Interstate 73 were built to intersect at this city, helping Greensboro evolve into a logistics hub. FedEx invested $300 million in Greensboro with its mid-Atlantic air-cargo and sorting hub at Piedmont Triad International Airport. The city’s workforce benefits from its many institutions of higher education, including Bennett College, Elon University School of Law, Greensboro College, Guilford College, North Carolina Agricultural and Technical State University, and the University of North Carolina at Greensboro. Downtown Greensboro has attracted development investment in recent years with such new construction as Yadkin Bank Park. The Southside neighborhood has been redeveloped as an award-winning, neotraditional-style neighborhood featuring walkability, compact blocks, and local amenities and services. Among Greensboro's many notable attractions, some of the most popular include the Wet 'n Wild Emerald Pointe water park, the Greensboro Science Center, the International Civil Rights Museum, the Weatherspoon Art Museum, and the Greensboro Coliseum Complex, which hosts various sporting events, concerts, and other events.