0 Cloverdale Ave & Miller St Winston-Salem, NC 27103
Cloverdale Plaza, located at the intersection of Cloverdale Avenue and Miller Street in Winston-Salem, North Carolina (zip code 27103), offers exceptional retail and office space opportunities. This power center/restaurant-focused property boasts a total of 132,190 square feet across four suites, providing a diverse range of options for potential tenants. The property is conveniently situated directly across from Wake Forest Baptist Hospital, benefiting from high visibility and foot traffic. Its prime location along Winston-Salem's primary retail corridor, off Business I-40 and Stratford Road, ensures significant exposure to a large customer base. Currently, there are three spaces immediately available, ranging in size from 1,600 square feet to 9,000 contiguous square feet, with a minimum divisible space of 1,200 square feet. The center is anchored by established and successful businesses including Harris Teeter, Dollar Tree, Panera Bread, Starbucks, Heartland Dental, and Barberitos, creating a strong and vibrant retail environment. Ample parking is available with 531 spaces to accommodate customers and employees. This Forsyth County property presents a unique opportunity for businesses seeking high-traffic locations within a well-established and thriving retail center. The property is classified as both retail and office space, offering flexibility for a variety of business types.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.