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Retail Space Near Hanes Mall
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1606 S Stratford Rd, Winston-Salem, NC 27103

Retail space in Winston-Salem's primary retail corridor.

Space Size5,478 SF
Property Size11,477 SF
Days on Market1043

Property Features for 1606 S Stratford Rd

General Information

Standard status Active
Size 5,478 SF
Total Parking Spaces 40
Property subtype Retail

Building Details

Building Size 11,477 SF
Year Built 1984
Tenancy Multiple

Spaces For Lease

at 1606 S Stratford Rd Contact us

1606 S Stratford Road Suite A

Size
5,478 SF
Availability
Active
Contact us
Listing Agency: Kroustalis Realty
Listed By: Nick Kroustalis · License #281381
Source: Crexi
Added: Nov 1, 2023 Changed: Sep 6 Last Checked: Sep 6 at 9:03PM

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 Kroustalis Realty

Investment Insights

Based on property information with market context.

This retail space is located in the main retail area of Winston-Salem. A prominent monument sign along S. Stratford Road enhances visibility for drivers. The property is situated across the street from Hanes Mall, which features 1.55 million square feet of retail space and is anchored by Dillard’s, JCPenney, Truliant, Novant Health, and Belk. The location is less than a mile from Interstate 40 on and off ramps. The surrounding area includes national retailers such as 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, and Marshalls, contributing to consumer traffic in the area.

Key Highlights

  • Ideally positioned in the primary retail corridor of Winston‑Salem.
  • Located directly across from Hanes Mall (1.55MM SF) anchored by major retailers.
  • Close proximity (less than a mile) to Interstate 40 on/off ramps.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic Kitchen & Bath Showroom

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
233k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 59% Home Improvements & Furnishings 22% Apparel 17% Shops & Services 3%
Costco Wholesale Superstores
115,816 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
50,424 visits/mo 0.5 miles
Ross Dress for Less Apparel
39,407 visits/mo 0.4 miles
Big Lots Superstores
20,825 visits/mo 0.5 miles
Speedway Shops & Services
6,861 visits/mo 0.3 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?
Retail space - Retail space in Winston-Salem's primary retail corridor.
Where is this retail space located?
The property is located at 1606 S Stratford Rd Winston-Salem, NC.
What are key features of this property?
This property features: Ideally positioned in the primary retail corridor of Winston‑Salem.; Located directly across from Hanes Mall (1.55MM SF) anchored by major retailers.; Close proximity (less than a mile) to Interstate 40 on/off ramps.
More about this property
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