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725 Coliseum Dr 4,946 SF of Retail Space Available in Winston-Salem, NC 27106
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,946 SF | Negotiable | $16.98 /SF/YR $1.42 /SF/MO $83,983 /YR $6,999 /MO | Modified Gross |
1st Floor
The Former Home of La Carreta — Now Available for the Next Iconic Concept. For 23 years, 725 Coliseum Drive was home to La Carreta Mexican Restaurant — the first La Carreta location in North Carolina, a Winston-Salem institution. Generations of Triad diners know this address. Now, this restaurant property is back on the market, sitting on the road frontage side of Ryan's Restaurant — Winston-Salem's longest-tenured fine dining destination — on one of the city's most established commercial corridors. A Rare High-End Restaurant Opportunity Few addresses in Winston-Salem can credibly support a chef-driven, white-tablecloth concept. This one can. The Coliseum Drive corridor has carried Ryan's for over 40 years, drawing the city's most established diners across generations of ownership. 725 Coliseum offers the next operator a pre-built restaurant footprint, a brick fenced patio with pavers for premium outdoor dining, and a parking ratio that few high-end concepts ever find — all immediately adjacent to a proven fine dining anchor.
- Listed rate may not include certain utilities, building services and property expenses
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.
Property Facts
| Total Space Available | 4,946 SF | Gross Leasable Area | 4,946 SF |
| Property Type | Retail | Year Built | 1974 |
| Property Subtype | Restaurant | Parking Ratio | 9.85/1,000 SF |
| Total Space Available | 4,946 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,946 SF |
| Year Built | 1974 |
| Parking Ratio | 9.85/1,000 SF |
About the Property
The Former Home of La Carreta — Now Available for the Next Iconic Concept. For 23 years, 725 Coliseum Drive was home to La Carreta Mexican Restaurant — the first La Carreta location in North Carolina, a Winston-Salem institution. Generations of Triad diners know this address. Now, this restaurant property is back on the market, sitting on the road frontage side of Ryan's Restaurant — Winston-Salem's longest-tenured fine dining destination — on one of the city's most established commercial corridors. A Rare High-End Restaurant Opportunity Few addresses in Winston-Salem can credibly support a chef-driven, white-tablecloth concept. This one can. The Coliseum Drive corridor has carried Ryan's for over 40 years, drawing the city's most established diners across generations of ownership. 725 Coliseum offers the next operator a pre-built restaurant footprint, a brick fenced patio with pavers for premium outdoor dining, and a parking ratio that few high-end concepts ever find — all immediately adjacent to a proven fine dining anchor.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
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725 Coliseum Dr
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