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1606 S Stratford Rd 5,478 SF of Retail Space Available in Winston-Salem, NC 27103



HIGHLIGHTS
- Directly across the street Hanes Mall
- Convenient Location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 5,478 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste A
Great endcap location positioned in the middle of the primary retail corridor of Winston-Salem. Totals 5,478 SF of retail space. Wide open span with no columns throughout the entire store. The space also features a garage door for easy storage and loading. The store also has a loading dock located on the side of the building. Rent amount, service type, and leasable term are negotiable. Directly across the street from Hanes Mall (1.55 MM SF of retail space) anchored by Dillard’s, JCPenney, Truliant, Novant Health, and Belk. Great traffic counts with over 20,000 VPD.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Endcap position
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 1606 S STRATFORD RD, WINSTON-SALEM, NC 27103
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- America's Mattress
- Furniture/Mattress
- 69
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| America's Mattress | Furniture/Mattress | 69 | National |
PROPERTY FACTS
| Total Space Available | 5,478 SF | Gross Leasable Area | 11,477 SF |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Freestanding | Parking Ratio | 1.21/1,000 SF |
| Total Space Available | 5,478 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 11,477 SF |
| Year Built | 1984 |
| Parking Ratio | 1.21/1,000 SF |
ABOUT THE PROPERTY
The property is ideally positioned in the primary retail corridor servicing the city of Winston-Salem. The property has a prominent monument sign along S. Stratford Road, increasing visibility for passing vehicles. Directly across the street is the Hanes Mall (1.55MM SF of retail space) anchored by Dillard’s, JCPenney, Truliant, Novant Health, and Belk. The property is also within close proximity (less than a mile) from the on/off ramps to Interstate 40. In addition, notable national/credit tenants in the immediate trade include The Home Depot, Costco Wholesale, Sam’s Club, Target, Lowe’s Home Improvement, Walmart Neighborhood Market, Kohl’s, Hobby Lobby, Conn’s HomePlus, LA Fitness, Academy Sports + Outdoors, Dollar Tree, Best Buy, Barnes & Noble, JoAnn Fabrics, Dick’s Sporting Goods, Marshalls, and more, further increasing consumer traffic to the trade area.
- Pylon Sign
NEARBY MAJOR RETAILERS
Presented by
Kroustalis Realty
1606 S Stratford Rd
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