Food Lion shopping Center - Pre Leasing Retail Space

Market Price

413 North Carolina Highway 150, Greensboro, NC 27455

For Lease

Residential

Active

Last Updated: 02/17/2026

Offered by Marketing Manager

Samantha Lederer

Marketing & Advertising Coordinator

One Alliance Companies

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Highlights:

Food Lion anchored shopping center
Projected 28,500 VPD
Area includes 17,500 existing homes
2,000 new homes planned in the area
Average home value: $320K
Median value of new homes: $486K
Construction begins January 2026
Opening anticipated Fall 2026

Description:

Shaw Farms is a transformative ±120,000 SF shopping center strategically positioned at the southwest corner of Hwy 150 and Spencer-Dixon Road in affluent Northern Guilford County, NC. Bordering the Browns Summit community and the suburb of Summerfield, the property is ideally located to serve one of the Triad’s fastest-growing residential corridors. Adjacent to a highly sought-after high school, the site benefits from consistent daily traffic and strong visibility along a key east-west thoroughfare.

This historic Shaw family farmland is being thoughtfully redeveloped into a vibrant, community-focused commercial destination. Developed by T. Cooper James & Associates, a respected, family-owned local developer known for quality projects, Shaw Farms is designed to blend modern retail convenience with the character and heritage of the surrounding area.

Shaw Farms represents a rare and highly strategic retail opportunity. It is the only vacant commercially zoned site along Hwy 150 large enough to accommodate a grocery anchor, positioning it as the primary retail hub for the surrounding communities. The trade area is significantly underserved, with only two grocery stores located within a 13-mile stretch of Hwy 150—both more than 15 years old—creating strong demand for new, modern retail and service offerings.

The planned retail mix includes a full-service grocery store, fuel station, medical offices, professional office space, restaurants, salons, and other high-demand neighborhood services. In addition, the property is being divided to include a dedicated medical park, further enhancing its draw as a comprehensive destination for daily needs. Shaw Farms offers retailers, office users, and service providers a unique opportunity to establish a presence in a high-growth market with limited competition and strong long-term fundamentals.