4308 Old Walkertown Rd
Winston-Salem, NC 27105
SunTrust Bank · Retail Property For Sale

The subject investment property is situated on North Liberty Street, which boasts an average daily traffic count exceeding 14,000 vehicles. North Liberty Street intersects with the Old Walkertown Road, which brings an additional 13,000 vehicles into the immediate area on average daily. There are more than 42,106 individuals residing within a three-mile radius of the property and more than 106,548 individuals within a five-mile radius. The subject property benefits from being well-positioned in a dense retail corridor consisting of national and local tenants, shopping centers, and hotels all within close proximity of this property. Major national tenants include: Family Dollar, Dollar General, Food Lion, Aaron’s, AutoZone, Rite Aid, Cook Out, Taco Bell, Wendy’s, and many more. This SunTrust Bank also benefits from being situated across the street from the Smith Reynolds Airport. The Smith Reynolds Airport is home to the Winston-Salem Air show, which is usually held in September, and draws over 20,000 spectators annually. The subject property also benefits from its close proximity to several academic institutions. Most notable is Wake Forest University, located less than three miles from the property, with a total enrollment exceeding 7,968 students. Winston-Salem is a city in and the county seat of Forsyth County, North Carolina. Winston-Salem is called the "Twin City" for its dual heritage and "City of the Arts and Innovation" for its dedication to fine arts, theater and technological research. The city is an epicenter for business within the state and is home to the headquarters of BB&T, Hanes Brands, Inc., Krispy Kreme Doughnuts, Inc., Lowes Foods Stores, ISP Sports, Reynolds American, K&W Cafeterias, TW Garner Food Company and Blue Rhino. Although traditionally associated with the textile and tobacco industries, Winston-Salem is transforming itself to be a leader in the nanotech, high-tech and bio-tech fields. Medical research is a fast-growing local industry, and Wake Forest Baptist Medical Center is the largest employer in Winston-Salem. Winston-Salem is home to Wake Forest University, one of the nation’s top private universities. Public and private investment to the tune of $713 million has led to the creation of the Wake Forest Innovation Quarter, an innovation district located on the east side of downtown Winston-Salem. Besides being a place for business and education in biomedical research and engineering, information technology and digital media, the Innovation Quarter features public gathering spaces, apartment living and community events throughout the year