Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com
Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com
David Webb
7043791967 Office
7043791988 Fax
webb@berkeleycap.com
   
Former Circuit City

OFFERING SUMMARY

The former Circuit City space fronts I-40, Hanes Mall Blvd and Stratford Road, giving the site excellent visibility. The site is ideally located in Winston-Salem's retail corridor. Adjacent to Hanes Mall, an enclosed shopping mall with 1.8 million square feet and anchored by Belk, JCPenney and Sears, and many big box retailers, the former Circuit City site is an ideal location for any retailer. The center is also near national hotel chains, restaurants and the Forsyth Medical Center (961 beds).

SUBMARKET OVERVIEW

Traffic Counts:

Hanes Mall Blvd: 29,000 VPD

Stratford Road: 32,000 VPD

*Source: NCDOT 2007

 

DEMOGRAPHICS
   
  3 Miles 5 Miles 7 Miles  
2014 Projection 54,201 132,140 233,210  
2009 Estimate 50,882 123,731 219,106  
Growth 2009 - 2014 6.52% 6.80% 6.44%  
Growth 2000 - 2009 11.21% 12.01% 11.33%  
2009 Average Household Income $65,251 $68,843 $64,441  
OFFERING MEMORANDUM & FILES
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Profiles
Name: Former Circuit City
Size: +/- 42,750 SF
Land Size: 3.744 Acres
Market: Winston-Salem, NC
Year Delivered: 1995
Parking Spaces: 113 Spaces
Zoning: GB-S
Location: 910 Hanes Mall Blvd
Tax Parcel ID: 6814-25-6039
Access Points: The property can be accessed from Stratford Rd and Hanes Mall Blvd
Roof: Original Roof
   
   
NET OPERATING INCOME -
   
CAP RATE -
   
OFFERING PRICE Unpriced
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