920 Hanes Mall Blvd - Freestanding FOR SALE


Winston-Salem, NC 27103- S Downtown Winston-Salem
$4,380,000 USD
919-302-3298
920 Hanes Mall Blvd, Winston-Salem, NC for Sale
$4,380,000 USD
Freestanding - FOR SALE
1/5
null | 5% Cap Rate

920 Hanes Mall Blvd
Winston-Salem, NC 27103
S Downtown Winston-Salem


HIGHLIGHTS

  • Leased to Mattress Firm (national tenant)
  • Prime location on Hanes Mall Blvd
  • Triple Net (NNN) lease – passive investment

OVERVIEW

920 Hanes Mall Blvd presents a premium NNN retail investment leased to Mattress Firm, a well-established national retailer with a strong operating history and brand recognition. Located along one of Winston-Salem’s most active retail corridors near Hanes Mall, the property benefits from high traffic, excellent visibility, and a proven retail environment surrounded by national tenants. The asset is structured as a Triple Net (NNN) lease, providing a truly passive investment where the tenant is responsible for taxes, insurance, and maintenance. This allows for consistent, predictable income with minimal landlord involvement. Offered at approximately a 5% cap rate, this property is ideal for investors prioritizing stability, security, and long-term income preservation over higher-risk returns. While not a high cap rate asset, it is perfectly suited for 1031 exchange buyers seeking to place capital into a credit-backed, low-management investment in a strong retail location. With a nationally recognized tenant, stable cash flow, and a hands-off ownership structure, this property represents a secure passive income opportunity in a high-demand corridor.

FOR SALE DETAILS

PRICE

$4,380,000 USD

PRICE/SF

$730 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sleepy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

GB-S

APN/PARCEL ID

6814-24-3928

ASK ABOUT THIS PROPERTY

Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

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Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.