Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for Starbucks located at 5980 University Parkway in Winston Salem, North Carolina. The site consists of roughly 3,250 rentable square feet on a 0.74 acre parcel adjacent to a newly built Biscuitville, Panda Express, and McDonald’s. This Starbucks is subject to a 10-year original lease and is currently in its second option period with 2, 5-year options remaining. The location is equipped with a drive-thru and outdoor seating. The subject property is well located along University Parkway and has direct frontage to roughly 32,000 vehicles per day, with E Hanes Mill Rd and Route 52 drawing another approximately 68,000 vehicles daily to the immediate area. The site is ideally located in the area’s main retail corridor and is minutes away from Wake Forest University.