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Former Macy's Building 5410 Hornaday Rd 140,000 SF of Retail Space Available in Greensboro, NC 27407
Highlights
- High-Visibility Location: Situated directly off I-40, with 113,000 vehicles passing daily — one of the busiest highways in the region.
- Top Destination Neighbor: Directly across the street from TopGolf, a major entertainment anchor that opened in 2024 and draws heavy daily and weekend
- Built-In Flexibility: Up to 140,000 SF of flex/retail space, 641 parking spaces, and column spacing suited to retail, medical, entertainment, or mixed
- Prime Retail Corridor: Located in the heart of the Wendover Avenue retail corridor, one of Greensboro’s most vibrant commercial hubs, anchored by Cost
- JetZero Tailwind: 8 miles from Piedmont Triad International Airport, where JetZero is building a $4.7 billion, 14,500-job aircraft manufacturing campu
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 140,000 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $2,100,000 /YR $175,000 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Former Macy's Building
- Tenant
- Description
- US Locations
- Reach
- Bee Safe Storage and Wine Cellar
- Other Retail
- 16
- National
| Tenant | Description | US Locations | Reach |
| Bee Safe Storage and Wine Cellar | Other Retail | 16 | National |
Property Facts
| Total Space Available | 140,000 SF | Gross Leasable Area | 140,000 SF |
| Property Type | Retail | Year Built | 2002 |
| Property Subtype | Department Store | Parking Ratio | 2.67/1,000 SF |
| Total Space Available | 140,000 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 140,000 SF |
| Year Built | 2002 |
| Parking Ratio | 2.67/1,000 SF |
About the Property
5410 Hornaday Rd is a 140,000 SF former Macy’s building sitting at the center of Greensboro’s busiest retail corridor — and at the edge of the biggest economic story in North Carolina. The site is directly across I-40 from TopGolf Greensboro, minutes from Piedmont Triad International Airport, and 8 miles from where JetZero just broke ground on a $4.7 billion aircraft-manufacturing campus expected to bring 14,500 jobs to the Triad over the next decade. For a retailer, entertainment operator, medical user, or mixed-use developer, that combination is rare: an anchor-scale, flexible box already built for heavy foot traffic, in a corridor that’s about to see a decade of population, income, and housing growth stack on top of the traffic it already carries. This is a ground-floor opportunity to plant a flag in a market before that growth shows up in the rent roll.
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Contacts
-
Robbie Perkins -
Tammy Dixon ,CCIM, CMB®, SIOR -
Brendan Richardson, CCIM -
NAI Piedmont Triad
