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1370 Peters Creek Pky
Winston-Salem, NC 27103 Ardmore

$2,387,000 USD

Restaurant For Sale  •  8,190 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 8,190 SF
  • Lot Size 1.99 AC
  • Building Class C
  • Year Built 1972
  • Tenancy Single
0 Transit Score
50 Walk Score

Highlights

Lease corporately guaranteed by DriveTime, a national used-vehicle retailer with a substantial U.S. operating footprint.
Primary term through February 2029 with three 5-year renewal options, each featuring 10% rental increases.
Tenant recently invested approximately $500,000 in interior upgrades, demonstrating long-term commitment to the location.
Prominent frontage along Peters Creek Parkway, a primary commercial artery with strong daily traffic counts.
Approximately 166,925 residents within five miles and 378,239 within ten miles supporting sustained automotive demand.
Average household income of $90,841 within five miles, aligning well with DriveTime’s core customer base.

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 34 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Samuel Griffeth 574-270-0361 Matthews Real Estate Investment Services
Samuel Griffeth 574-270-0361 Matthews Real Estate Investment Services