Investment Overview
Excellent opportunity to acquire a well-positioned freestanding commercial property along the highly traveled Reynolda Road corridor in Winston-Salem. The property features an existing bank branch with prominent road frontage, strong visibility, convenient access, and on-site parking. Surrounded by established retail, service businesses, and residential neighborhoods, the property offers an attractive opportunity for an owner-user, investor, or potential repositioning to a variety of commercial uses.
Investment Highlights
- Prominent Reynolda Road Location: Established commercial corridor with approximately 28,600–31,100 vehicles per day
- Exceptional Parking: 44 surface spaces, providing approximately 10.0 spaces per 1,000 SF
- Strong Retail Fundamentals: Winston-Salem retail vacancy ended 2025 at just 2.9%, near historic lows, according to Greater Winston-Salem, Inc.
- Substantial Consumer & Daytime Base: 139,000+ residents and 196,000+ daytime population within 5 miles
- Strong Surrounding Demographics: $69,020 median household income within 5 miles, projected to reach $81,778 by 2031
- Major Demand Drivers: Proximity to Wake Forest University, major healthcare and employment centers, established residential neighborhoods, and national retailers