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NNN Retail Investment
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920 HANES MALL BLVD, Winston Salem, NC 27103

Single-tenant NNN retail property leased to Mattress Firm in Winston-Salem.

Property Size6,000 SF
Price / SF$730
Days on Market130

Property Features for 920 HANES MALL BLVD

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $219,000

Additional Details

Cap Rate 5%

Building Details

Year Built 2013
Stories 1
Units 1
Tenancy Single
Listing Agency: Century 21 Triangle Group - Flanagan CRE Team
Listed By: Pat Flanagan · License #295126
Source: Crexi
Added: Apr 28 Changed: Sep 3 Last Checked: Sep 2 at 6:54PM

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 Century 21 Triangle Group - Flanagan CRE Team

Investment Insights

Based on property information with market context.

920 Hanes Mall Blvd is a single-tenant NNN retail investment leased to Mattress Firm. The property is structured as a Triple Net (NNN) lease, with the tenant responsible for taxes, insurance, and maintenance.

The asset is located along Hanes Mall Blvd near Hanes Mall, in one of Winston-Salem’s active retail corridors. It is presented as a credit-backed, low-management investment with an operating history supported by a national retailer. The offering is described as being approximately a 5% cap rate.

For investors seeking a leased retail asset with a defined NNN framework, this property offers a hands-off ownership model tied to a nationally recognized tenant.

Key Highlights

  • Single‑tenant NNN retail property leased to Mattress Firm
  • Year built: 2013
  • Triple Net (NNN) structure—tenant is responsible for taxes, insurance, and maintenance

Property Analytics

Current Use

Mattress Firm Hanes Furniture & Home Goods

Suggested Use

Top Pick HVAC Service Storage Facility Big Box & Wholesale Store Plumbing Service Veterinary Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,073
Businesses Nearby
1.2M
Monthly Visits Nearby

Foot Traffic Nearby

Dining 24% Apparel 23% Superstores 21% Shops & Services 17%
Sam's Club Superstores
126,884 visits/mo 0.1 miles
Costco Wholesale Superstores
115,816 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
73,999 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
67,705 visits/mo 0.4 miles
Kohl's Apparel
59,255 visits/mo 0.4 miles

Demographics for 27103, NC

36,023
Population
17,884
Households
2
Avg Household Size
39
Median Age
41%
College-Educated
92%
High-School Grad
18.6 sq mi
ZIP Area
1,937
Density / Sq Mi
$66,582
Median Household Income
$40,498
Median Earnings
$1,113
Median Rent
$220,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant NNN retail property leased to Mattress Firm in Winston-Salem.
Where is this nnn property located?
The property is located at 920 HANES MALL BLVD Winston Salem, NC.
What is the asking price?
The asking price for this property is $4,380,000.
What are key features of this property?
This property features: Single‑tenant NNN retail property leased to Mattress Firm; Year built: 2013; Triple Net (NNN) structure—tenant is responsible for taxes, insurance, and maintenance
(919) 302-3298 Call to check price and availability
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