3288 Silas Creek Pky
Winston-Salem, NC 27103
Starbucks · Retail Property For Sale

Colliers, as exclusive broker, is pleased to offer the opportunity to acquire a single-tenant Starbucks located at the intersection of Silas Creek Parkway and Hanes Mall Boulevard in Winston-Salem, North Carolina, within the Piedmont Triad region. The property features a corporate lease with over ten years remaining, 10% rental increases every five years, and four five-year renewal options. Starbucks pays below-market rent, supporting long-term sustainability and stable cash flow. The site is anchored by Hanes Mall, North Carolina’s largest enclosed mall with 8.4 million annual visits, and Forsyth Medical Center, a top 5% national healthcare destination, with proximity to major employers and academic institutions. The surrounding metro has a population exceeding 1.7 million, with projected growth through 2040. Starbucks is an investment-grade tenant (BBB+ S&P), operating over 38,000 stores globally, with 34.6 million U.S. Rewards members and strong cold beverage sales. Retail vacancy in the area is 2.9%, and Winston-Salem ranks as the #2 most affordable metro in the U.S. North Carolina offers the lowest corporate income tax among states that levy one. This offering provides the opportunity to acquire a high-performing, investment-grade tenant in a metro with minimal management requirements and strong long-term fundamentals.