344 Hanes Mill Rd Winston-Salem, NC 27105
Oak Summit Shopping Center, a 142,306 square foot retail center in Winston-Salem, NC, offers multiple spaces for lease, ranging from 1,210 to 1,783 square feet. Built in 2003, this center boasts 771 parking spaces and enjoys a prime location on Hanes Mill Road, less than half a mile from University Parkway and US Hwy 52/NC 8. Benefitting from its Walmart Supercenter shadow anchor, the center attracts high consumer traffic due to its strong tenant mix, including national retailers such as Marshalls, Ross Dress for Less, PetSmart, Rainbow, GameStop, Sally Beauty Supply, Dollar Tree, and Hibbett Sports. The property features two signalized entrances on Hanes Mill Road, providing excellent accessibility. High daily traffic counts of 16,000 vehicles on Hanes Mill Road and 21,000 vehicles on University Parkway ensure significant visibility and customer reach. Located in Forsyth County, NC, with a Winston-Salem address and zip code 27105, this center presents a compelling opportunity for retail businesses seeking a high-traffic location. The minimum leasable space is 1,210 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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