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Four Seasons Town Centre is Greensboro's sole enclosed shopping mall, spanning over 900,000 square feet with more than 110 stores across two levels. Opened in 1974 and located at 410 Four Seasons Town Centre Boulevard along Interstate 40, it benefits from high visibility with over 105,000 daily vehicle passings. The property anchors include Dillard's, JCPenney, and Round1 Bowling & Arcade, supporting a diverse tenant mix featuring national retailers such as H&M, Victoria's Secret, American Eagle Outfitters, Foot Locker, and JD Sports.
Inline spaces emphasize apparel, accessories, and entertainment, catering to a regional draw enhanced by adjacency to the Greensboro Coliseum Complex, which hosts over 1,000 events annually, and the Koury Convention Center attracting more than one million visitors yearly. The trade area encompasses a 2024 population of 923,145 with average household income of $88,840, projected to grow to 952,758 residents and $98,067 average income by 2029.
Within a 7-mile radius, the population stands at 277,405 with $86,309 average household income. Greensboro's retail market shows improving fundamentals, with vacancy rates at 5.9% in early 2024 and asking rents rising 3% year-over-year.
Leasing advantages include access to a stable, event-driven footfall and a balanced demographic profile blending local residents, tourists, and business travelers, though the enclosed format may face competition from open-air centers. Potential risks involve aging infrastructure from the 1970s era and saturation in apparel categories amid e-commerce growth.
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Hours of Operation
Hours
| Monday | 11:00 AM — 07:00 PM |
| Tuesday | 11:00 AM — 07:00 PM |
| Wednesday | 11:00 AM — 07:00 PM |
| Thursday | 11:00 AM — 07:00 PM |
| Friday | 11:00 AM — 08:00 PM |
| Saturday | 11:00 AM — 08:00 PM |
| Sunday | 12:00 PM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Trade Area Demographics and Accessibility
The mall's trade area features a 2024 population of 923,145, with 43.65% of households earning over $75,000 and 32.16% of adults holding bachelor's degrees or higher. Within 7 miles, 277,405 residents average $86,309 household income, supporting mid-tier retail. Accessibility is strong via I-40, with 105,000 daily vehicles, plus 6,060 parking spaces. Proximity to major event venues boosts transient traffic, but urban sprawl may limit pedestrian access, and competition from nearby highways could divert some shoppers to alternative destinations like Wendover Avenue retail corridors.
Tenant Mix and Occupancy Trends
Anchored by Dillard's, JCPenney, and Round1, the tenant mix includes 110+ stores focused on fashion, footwear, and entertainment, with recent additions like H&M enhancing appeal to younger demographics. While specific occupancy data is unavailable, the Greensboro market's 5.9% vacancy rate in 2024 indicates solid performance, improved by limited new supply and backfilling. Strengths lie in entertainment-driven dwell time, but drawbacks include potential weaknesses in underperforming categories like department stores and risks from national chain consolidations, which could impact overall mix stability.
Market Factors and Leasing Considerations
Greensboro's retail sector saw positive momentum in 2025, with reduced uncertainty and 3% rent growth, positioning Four Seasons favorably as the area's only enclosed center for weather-protected shopping. Operational quality benefits from convention traffic, but challenges include aging infrastructure requiring maintenance investments and competition from open-air venues like Friendly Center, which offer experiential dining. Lease terms may feature competitive base rents around market averages of $20-30 PSF, with percentage clauses; risks involve footfall variability tied to events and broader e-commerce pressures saturating physical retail space.
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Greensboro, NC
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Greensboro, NC
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