0 Cloverdale Ave. & Miller St Winston-Salem, NC 27103
Cloverdale Plaza offers exceptional retail and restaurant opportunities in Winston-Salem, North Carolina. This established neighborhood shopping center boasts a total of 132,590 square feet and is strategically located directly across from Wake Forest Baptist Medical Center in the desirable Ardmore area. The property features ample parking with 531 spaces, ensuring convenient access for customers. Currently, there are 13,600 square feet of vacant space available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 9,000 square feet. This presents a unique chance for businesses seeking flexible space options to suit their specific needs. The center's prime location within Forsyth County, at the intersection of Cloverdale Avenue and Miller Street, (zip code 27103) guarantees high visibility and foot traffic, benefiting from the proximity to the medical center and the affluent Ardmore neighborhood. This is an ideal opportunity for businesses seeking a well-established location with strong potential for growth and success. The property's multiple tenancy structure offers a diverse and vibrant shopping environment, creating a synergistic atmosphere for all tenants. Contact us today to learn more about this exceptional retail space.
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.