This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Oak Summit 360-430 E Hanes Mill Rd

1,210 - 2,993 SF of Retail Space Available in Winston-Salem, NC 27105

Highlights

  • Anchored by Walmart Supercenter, Marshalls, Ross Dress For Less and PetSmart
  • Traffic Counts: 16,000 cars/day on Hanes Mill Road and 20,000 cars/day on University Parkway
  • Co-tenants include Rainbow, Five Below, Hibbett Sports, Cato, Dollar Tree, Sally Beauty Supply and Jimmy Johns
  • Two signalized entrances on Hanes Mill Road

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 20
  • 1,210 SF
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
438-450 Hanes Mill Rd - 1st Floor - Ste 20
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Space Dimensions: 20-2" x 60'

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 23
  • 1,783 SF
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
438-450 Hanes Mill Rd - 1st Floor - Ste 23
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Space dimensions: 29'-8" x 60'-0"

  • Highly Desirable End Cap Space
  • Space In Need of Renovation
Space Size Term Rental Rate Rent Type
1st Floor, Ste 20 1,210 SF 3-10 Years Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste 23 1,783 SF 3-10 Years Upon Request Upon Request Upon Request Upon Request Negotiable

438-450 Hanes Mill Rd - 1st Floor - Ste 20

Size
1,210 SF
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Space Dimensions: 20-2" x 60'

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

438-450 Hanes Mill Rd - 1st Floor - Ste 23

Size
1,783 SF
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Space dimensions: 29'-8" x 60'-0"

  • Highly Desirable End Cap Space
  • Space In Need of Renovation

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 Oak Summit

  • Tenant
  • Description
  • US Locations
  • Reach
  • Cato
  • -
  • -
  • -
  • Five Below
  • -
  • -
  • -
  • Hibbett Sports
  • Sporting Goods
  • 1,461
  • National
  • Marshalls
  • Dept Store
  • 1,484
  • International
  • Rainbow Apparel
  • Ladies' Apparel
  • 1,452
  • National
  • Spectrum Communications
  • Other Services
  • 1,322
  • National
Tenant Description US Locations Reach
Cato - - -
Five Below - - -
Hibbett Sports Sporting Goods 1,461 National
Marshalls Dept Store 1,484 International
Rainbow Apparel Ladies' Apparel 1,452 National
Spectrum Communications Other Services 1,322 National

PROPERTY FACTS FOR 360-430 E Hanes Mill Rd , Winston-Salem, NC 27105

Center Type Community Center
Parking 1,134 Spaces
Center Properties 5
Frontage Hanes Mill
Gross Leasable Area 345,221 SF
Total Land Area 45.85 AC
Year Built 2004

About the Property

Oak Summit Shopping Center is a Walmart Supercenter shadow anchored retail center on Hanes Mill Road in Winston-Salem, NC. As the dominant retail center on the northern side of Winston-Salem, Oak Summit has a large number of national retailers whose presence draws a high volume of consumer traffic to the center. Tenant include: Marshalls, Ross Dress for Less, GameStop, Sally Beauty Supply, Dollar Tree and Hibbett Sports. Located less than ½ mile from both University Parkway and John M Gold Freeway (US Hwy 52/NC 8), the center is easily accessible from two signalized entrances on Hanes Mill Road. Average traffic for the area totals 16,000 vehicles per day on Hanes Mill Road and 21,500 vehicles per day on University Parkway. No internet cafes.

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

Nearby Major Retailers

First Horizon Bank
McAlister's Deli
Chili's Grill & Bar
Truist
LongHorn Steakhouse
Starbucks
Waffle House
IHOP
Applebee's
Cook Out
  • Listing ID: 12861685

  • Date on Market: 12/23/2021

  • Last Updated:

  • Address: 360-430 E Hanes Mill Rd, Winston-Salem, NC 27105

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}