For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

5610 University Pkwy Winston Salem, NC 27105

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Newly renovated NNN leased retail property near Wake Forest University.

Lot size:
43.00 Acres

Property Features for 5610 University Pkwy

General Information

Lot size
43.00 Acres

Building Details

Year built
1988

Source: Joe Caccamo Agent Joe Caccamo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

University Parkway Retail Opportunity

This newly renovated property is a relocation site for Piedmont Advantage Credit Union (PACU), headquartered in Winston-Salem. PACU had $351 million in deposits at the end of Q1 2025. The property is located on University Parkway, a main retail thoroughfare with a traffic volume of 33,146 vehicles per day. It is situated in the fast-growing Winston-Salem market, which has 104,340 residents within a 5-mile radius. Piedmont Advantage Credit Union had $395 million in assets and $20.6 million in equity capital at the end of Q1 2025. The property features a new 12-year absolute NNN lease with 2% annual rent increases and two 4-year options. The lease has zero landlord maintenance or expense obligations. The property is located close to Wake Forest University (3 miles) and adjacent to ALDI, Discount Tire, and North Forsyth High School. It is across from the Grand Winston-Salem (IMAX) theater and surrounded by office buildings, hotels, retail, and residential neighborhoods. Nearby are a Walmart Supercenter, Target, Chipotle, Aspen Dental, Lowe’s, Home Depot, Sam’s Club, Jiffy Lube, Subway, Wendy’s, and auto dealerships.
Insight Report Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Winston Salem
County
Forsyth
State
North Carolina
Longitude
-80.2766312
Latitude
36.1740111

FAQs

What type of property is this?
Bank - Newly renovated NNN leased retail property near Wake Forest University.
Where is this bank located?
The property is located at 5610 University Pkwy Winston Salem, NC.
What are key features of this property?
This property features: - New 12-year absolute NNN lease with zero landlord obligations.; - Enjoy 2% annual rent increases with two (2), 4-year options.; - Located on University Parkway with high traffic volume (33,146 VPD).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message