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West Salem Shopping Center 603-641 Peters Creek Pky 2,200 - 5,481 SF of Retail Space Available in Winston-Salem, NC 27103
Highlights
- Convenient access to Salem Parkway and Downtown
- High Visibility
- Near Truist Stadium
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 661-663 | 2,200 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $22,000 /YR $1,833 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 675-677 | 3,281 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $45,934 /YR $3,828 /MO | Triple Net (NNN) |
603-641 Peters Creek Pky - 1st Floor - Ste 661-663
The shopping center is in a high traffic area. It is conveniently located close to Truist Stadium, Wake Forest Baptist Hospital, and downtown Winston-Salem with close proximity to Salem Parkway and Interstate 40.
- Lease rate does not include utilities, property expenses or building services
603-641 Peters Creek Pky - 1st Floor - Ste 675-677
The shopping center is in a high traffic area. It is conveniently located close to Truist Stadium, Wake Forest Baptist Hospital, and downtown Winston-Salem with close proximity to Salem Parkway and Interstate 40.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at West Salem Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Family Dollar
- Dollar/Variety/Thrift
- 9,649
- National
- Napa Auto Parts
- Automotive
- 5,967
- International
- Sherwin Williams
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| Family Dollar | Dollar/Variety/Thrift | 9,649 | National |
| Napa Auto Parts | Automotive | 5,967 | International |
| Sherwin Williams | - | - | - |
Property Facts
| Total Space Available | 5,481 SF | Frontage | 482’ on Peters Creek Pky |
| Center Type | Neighborhood Center | Gross Leasable Area | 63,587 SF |
| Parking | 171 Spaces | Total Land Area | 6.08 AC |
| Stores | 24 | Year Built | 1965 |
| Center Properties | 1 |
| Total Space Available | 5,481 SF |
| Center Type | Neighborhood Center |
| Parking | 171 Spaces |
| Stores | 24 |
| Center Properties | 1 |
| Frontage | 482’ on Peters Creek Pky |
| Gross Leasable Area | 63,587 SF |
| Total Land Area | 6.08 AC |
| Year Built | 1965 |
About the Property
Prime Retail/Office Space Available at West Salem Shopping Center! Situated in a high-traffic area, this location offers exceptional visibility and convenience. Just minutes from Truist Stadium, Wake Forest Baptist Hospital, and downtown Winston-Salem, with easy access to Salem Parkway and Interstate 40. Don’t miss this opportunity to position your business in a thriving location! (Broker/Owned)
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
West Salem Shopping Center | 603-641 Peters Creek Pky
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