Contacts

Tommy Adams

Linville Team Partners

Will Jones

Linville Team Partners

Property Details

Property Type Office
Property Size 11,000 SF
Lot Size 0.69 Acre
Cap Rate % 8
NOI / YR 69599
Additional Rent Contact for pricing
Year Built 1968
Date Updated Nov 6, 2024

Significantly below market rental rates in place and all tenants on month-to-month leases (rental rates can be increased quickly). Located in close proximity to downtown Winston-Salem, these multi-tenant buildings have a strong occupancy track record. Great visibility on one of Winston-Salem’s busiest thoroughfares. Easy access to Highway 421.

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Getting around

58/100
Walk Score ®
55/100
Bike Score ®

Location

City Winston-Salem, NC
Neighborhood West Salem
Zip Code 27103
Market Winston Salem Greensboro

Points of Interest

BP

0.39 miles
Speedway

0.84 miles
Shell

1.06 miles
Winston-Salem City Yard - Fleet Services

1.48 miles
Kangaroo Express

1.57 miles
Tesla Supercharger

7.64 miles

Hawthorne Deck

0.81 miles
VIP Lot

0.88 miles
Lot G

0.92 miles
Lot H

0.94 miles
Parking Deck A

0.97 miles
Eden Terrace Deck

0.98 miles
Flow Lot

0.99 miles
Media Lot

0.99 miles
Salt Street lot

1.00 miles
Flow Subaru

1.03 miles

University Inn & Suites

0.70 miles
Holiday Inn Express

0.97 miles
The Historic Brookstown Inn | Trademark Collection by Wyndham

1.09 miles
Hawthorne Inn & Conference Center

1.10 miles
Holiday Inn Express Winston-Salem Downtown West

1.33 miles
Courtyard Winston-Salem Downtown

1.36 miles
Fairfield Inn & Suites Winston-Salem Downtown

1.37 miles
Hampton Inn & Suites Winston-Salem Downtown

1.44 miles
Hotel Indigo Winston-Salem Downtown

1.54 miles
Embassy Suites by Hilton Winston Salem

1.56 miles

Asia Grocery

0.03 miles
Marketplace Mall

0.59 miles
Compare Foods

0.79 miles
Harris Teeter

1.31 miles
Whole Foods Market

1.39 miles
Publix

1.48 miles
Food Lion

1.53 miles
Trader Joe's

1.65 miles
ALDI

1.69 miles
Chef Smart

1.76 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 895-897 Peters Creek Parkway

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895-897 Peters Creek Parkway, Winston-Salem, NC 27103 - Office Space

895-897 Peters Creek Parkway is located at 895-897 Peters Creek Parkway in Winston-Salem, NC 27103. The property was completed in 1968. This Winston-Salem office investment incorporates a total of 11,000 SF. Located in West Salem, this commercial property is situated on a lot that is 0.69 Acre in size.

Within the same neighborhood, there is a total of 1,168,204 SF of available office space across 183 office spaces for lease. Including all property building classes and property grades, the average asking office rent per square foot in West Salem is $18.84/SF/YR. At zip code level, leasing opportunities currently on the market include 59 office spaces that add up to a total of 210,763 SF. Office building sale prices in West Salem average $1,442,302.

At city level, there are 81 commercial properties, of which 29 are office buildings of 50,000 square feet or larger. Of these properties, 5 office buildings have achieved LEED certification. Across the market, the average asking office rent per square foot in Winston-Salem is $18.84/SF/YR. Specifically, the average office rate for Class A office buildings is $21.05/SF/YR. For Class B office buildings the average rate is $15.94/SF/YR. Office building sale prices in Winston-Salem average $1,442,302.

Map of Property

895-897 Peters Creek Parkway