Renovated Sleep Inn
For Sale
Contact for pricing
321 Bendix Dr, Salisbury, NC 28146
Two-story, two-building interior-corridor hotel built in 1988, fully renovated in 2022–2023, with frontage on I-85.
Property SizeContact for details
Days on Market121
Property Features for 321 Bendix Dr
General Information
Standard status
Active
Property subtype
Hospitality
Site & Location
Traffic Count
84,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1988
Year Renovated
2023
Stories
2
Listing Agency:
Colliers - Richmond, Virginia
(804) 441-7722
Listed By:
Prashant Merchant · License #VA 0225226862
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Richmond, Virginia
Investment Insights
Based on property information with market context.
The Sleep Inn Salisbury at 321 Bendix Drive is a two-story, two-building interior-corridor hotel constructed in 1988 and fully renovated in 2022–2023. The property transitioned from an economy-segment affiliation to a Sleep Inn conversion under Choice Hotels, opening partially in August 2022 and not fully opening with all rooms available until April 2023. Ownership is currently ramping and stabilizing operations, with the hotel recently added to the Choice Hotels system and Online Travel Agencies (OTAs). The offering notes that prospective purchasers should evaluate performance on a pro-forma basis due to the brand and segment shift.
The hotel has frontage on Interstate 85, which the offering states carries approximately 84,000 vehicles per day. It sits within a retail corridor in Salisbury and is surrounded by retailers including Walmart, Cracker Barrel, Lumber Liquidators, Lowe’s, Food Lion, Walgreens, Applebee’s, Mattress Firm, Buffalo Wild Wings, Verizon, Chipotle Mexican Grill, Enterprise, and IHOP.
Demand drivers noted in the offering include Novant Health Rowan Medical Center, Shuford Stadium, Rowan Museum, and nearby historic sites. The property is described as centrally located between Charlotte and Winston-Salem, with USA-Concord Regional Airport about 28 miles away and Charlotte Airport about 47 miles away.
The hotel has frontage on Interstate 85, which the offering states carries approximately 84,000 vehicles per day. It sits within a retail corridor in Salisbury and is surrounded by retailers including Walmart, Cracker Barrel, Lumber Liquidators, Lowe’s, Food Lion, Walgreens, Applebee’s, Mattress Firm, Buffalo Wild Wings, Verizon, Chipotle Mexican Grill, Enterprise, and IHOP.
Demand drivers noted in the offering include Novant Health Rowan Medical Center, Shuford Stadium, Rowan Museum, and nearby historic sites. The property is described as centrally located between Charlotte and Winston-Salem, with USA-Concord Regional Airport about 28 miles away and Charlotte Airport about 47 miles away.
Key Highlights
- Sleep Inn Salisbury at 321 Bendix Drive is a two‑story, two‑building interior‑corridor hotel built in 1988.
- Fully renovated in 2022/2023 and converted from America’s Best Value Inn to the Sleep Inn brand.
- Frontage on Interstate 85 with traffic counts reported at 84,000 vehicles per day.
Property Analytics
Current Use
Lease Details
84,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Explore this area
Business Placement
Demographics for 28146, NC
29,572
Population
14,111
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
92%
High-School Grad
97.1 sq mi
ZIP Area
305
Density / Sq Mi
$67,053
Median Household Income
$43,106
Median Earnings
$888
Median Rent
$227,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story, two-building interior-corridor hotel built in 1988, fully renovated in 2022–2023, with frontage on I-85.
Where is this hotel located?
The property is located at 321 Bendix Dr Salisbury, NC.
What are key features of this property?
This property features: Sleep Inn Salisbury at 321 Bendix Drive is a two‑story, two‑building interior‑corridor hotel built in 1988.; Fully renovated in 2022/2023 and converted from America’s Best Value Inn to the Sleep Inn brand.; Frontage on Interstate 85 with traffic counts reported at 84,000 vehicles per day.
