Winston - Salem, NC Commercial Real Estate for Lease and Sale

Explore 602 listings of Winston - Salem commercial real estate for lease and for sale to find the best space for your business.

CRE Market Stats

The Knollwood - 370 Knollwood Street

370 Knollwood Street, Ardmore, Winston-Salem, NC
For Lease

$20.50/SF/YR
Property

Office

86,319 SF
Availability

2 Spaces

4,327 SF
Year Built

1994
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450 & 470 West Hanes Mill Road

450 West Hanes Mill Road, North Haven, Winston-Salem, NC
For Lease

$13.00/SF/YR
Property

Office

221,128 SF
Availability

2 Spaces

35,747 SF
Year Built

1985
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1427 S Martin Luther King JR Dr

1427 S Martin Luther King JR Dr, Morningside Manor, Winston Salem, NC
For Lease

Contact for pricing
Property

Office

900 SF
Availability Contact for availability
Year Built

1994
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University Commercial Center - 7996 North Point Blvd

7996 North Point Blvd, Piney Grove, Winston-Salem, NC
For Lease

$13.00/SF/YR
Property

Office

35,142 SF
Availability

1 Space

2,757 SF
Year Built

1983
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Century Plaza

100 North Cherry Street, Downtown Winston - Salem, Winston-Salem, NC
For Lease

$18.00/SF/YR
Property

Office

70,500 SF
Availability

1 Space

14,635 SF
Year Built

2001
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One Salem Tower

119 Brookstown Avenue, South Marshall, Winston-Salem, NC
For Lease

$15.50/SF/YR
Property

Office

56,280 SF
Availability

3 Spaces

6,369 SF
Year Built

1987
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Centre Stage at Jonestown

301-397 Jonestown Road, The Village, Winston-Salem, NC
For Lease

Contact for pricing
Property

Retail

28,699 SF
Availability

1 Space

2,387 SF
Year Built

1987
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915 Bridge St

915 Bridge St, West End Winston, Winston Salem, NC
For Lease

Contact for pricing
Property

Office

7,200 SF
Availability Contact for availability
Year Built

1929
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Bailey Power Plant

450 North Patterson Avenue, Downtown Winston - Salem, Winston-Salem, NC
For Lease

$26.00/SF/YR
Property

Office

110,800 SF
Availability

3 Spaces

20,708 SF
Year Built

2018
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Wake Forest Innovation Quarter - 525@vine

525 Vine Street, Downtown Winston - Salem, Winston-Salem, NC
For Lease

$26.00/SF/YR
Property

Office

234,000 SF
Availability

3 Spaces

29,269 SF
Year Built

2014
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155 Sunnynoll Court

155 Sunnynoll Court, Windsor Estates, Winston-Salem, NC
For Lease

$15.00/SF/YR
Property

Office

29,424 SF
Availability

1 Space

29,424 SF
Year Built

1998
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Winston Tower

301 North Main Street, Downtown Winston - Salem, Winston-Salem, NC
For Lease

$14.75 - $18.00/SF/YR
Property

Office

435,933 SF
Availability

2 Spaces

27,185 SF
Year Built

1966
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4908 Reynolda Rd.

4908 Reynolda Rd., Cedar Forest, Winston-Salem, NC
For Lease

Contact for pricing
Property

Retail

7,240 SF
Availability

1 Space

4,538 SF
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Greystone Professional Medical

2025 Frontis Plaza, Atwood Acres, Winston-Salem, NC
For Lease

Contact for pricing
Property

Office

50,000 SF
Availability

3 Spaces

26,077 SF
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Stratford Oaks

514 South Stratford Road, Ardmore, Winston-Salem, NC
For Lease

$19.00/SF/YR
Property

Office

60,000 SF
Availability

1 Space

2,078 SF
Year Built

1975
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Union Cross Rd & I-40

Union Cross Rd & I-40, Union Cross, Kernersville, NC
For Sale

Subject To Offer
Property

VacantLand
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Piedmont Commerce Center - Building 2

1625 Piedmont Commerce Drive, Kernersville, NC
For Lease

Contact for pricing
Property

Industrial

274,944 SF
Availability

1 Space

274,944 SF
Year Built

2023
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4964 University Pkwy

4964 University Pkwy, Piney Grove, Winston-Salem, NC
For Lease

$13.00/SF/YR
Property

Office

36,800 SF
Availability

1 Space

9,388 SF
Year Built

1988
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Wake Forest Innovation Quarter - Albert & Victoria Halls

101 North Chestnut Street, Downtown Winston - Salem, Winston-Salem, NC
For Lease

Contact for pricing
Property

Office

115,765 SF
Availability

34 Spaces

34,011 SF
Year Built

1998
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Lewisville Commons

177 Lowes Food Dr , Lewisville, NC
For Lease

Contact for pricing
Property

Retail

75,951 SF
Availability

2 Spaces

7,500 SF
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Madison Park

5630 University Pkwy, North Haven, Winston-Salem, NC
For Lease

$15.50/SF/YR
Property

Office

482,874 SF
Availability

8 Spaces

141,239 SF
Year Built

1983
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6010 Golding Center Drive

6010 Golding Center Drive, Clemmons, Winston-Salem, NC
For Lease

$14.00/SF/YR
Property

Office

50,000 SF
Availability

1 Space

50,000 SF
Year Built

2007
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West End Center

801 West 4th Street, West End Winston, Winston-Salem, NC
For Lease

$15.00/SF/YR
Property

Office

93,817 SF
Availability

1 Space

93,817 SF
Year Built

1948
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Piedmont Commerce Center - Building 4

1605 Piedmont Commerce Dr., Kernersville, NC
For Lease

Contact for pricing
Property

Industrial

312,361 SF
Availability

1 Space

74,200 SF
Year Built

2023
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Wells Fargo Center

100 N Main St, Downtown Winston - Salem, Winston-Salem, NC
For Lease

Contact for pricing
Property

Office

546,065 SF
Availability

1 Space

6,875 SF
Year Built

1995
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The Knollwood - 380 Knollwood Street

380 Knollwood Street, Ardmore, Winston-Salem, NC
For Lease

$22.50/SF/YR
Property

Office

136,976 SF
Availability

5 Spaces

9,350 SF
Year Built

1990
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Winston - Salem commercial real estate market incorporates 16,987,933 square feet of office space across 203 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Winston - Salem, the coworking segment of the commercial real estate market incorporates about 2,020 square feet.

Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Winston - Salem commercial real estate market includes 12,670,426 square feet of retail space in a variety of settings.

Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Winston - Salem market, there is a total of 48,683,925 square feet of industrial property.

The listing inventory in Winston - Salem incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Winston - Salem is represented by Industrial space, which accounts for 4,889,429 square feet of available listings. Office space available in Winston - Salem adds up to 1,637,185 square feet.

Meanwhile, most of the listings of commercial property for sale in Winston - Salem are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Winston - Salem is $16.67 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Winston - Salem can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Winston - Salem, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Winston - Salem is in the Downtown Winston - Salem neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Winston - Salem area.

Meanwhile, retail space opportunities are most abundant in the Atwood Acres submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Easton.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $87.8 per square foot. In particular, the property type commanding the highest lease rates in Winston - Salem was Office space.

The average size of a commercial property in Winston - Salem depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Winston - Salem, the average size of an office property is 85,798 square feet.
Retail properties here incorporate an average of 87,989 square feet.
Industrial space in Winston - Salem is in buildings that are, on average 257,587 square feet in size.

Winston - Salem, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Winston - Salem currently add up to 9,931,789 square feet. The market offers 70 active office listing(s), which amount to 1,637,185 square feet and account for 47% of commercial spaces on the market. Local retail availability includes 235,907 square feet across 35 retail space(s). Industrial space for rent opportunities in Winston - Salem amount to 4,889,429 square feet across a total of 33 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	70	1,637,185
Retail	35	235,907
Industrial	33	4,889,429
Other	8	3,169,268

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Winston - Salem, NC. Currently, there is 3,050,207 square feet of commercial property for sale here , which includes 17 office building(s) for sale , 17 retail investment opportunity listing(s) , and 9 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	17	389,055
Retail	17	110,079
Industrial	9	1,133,833
Other	63	1,417,240

Winston - Salem, NC Commercial Real Estate for Lease and Sale

The Knollwood - 370 Knollwood Street

450 & 470 West Hanes Mill Road

1427 S Martin Luther King JR Dr

University Commercial Center - 7996 North Point Blvd

Century Plaza

One Salem Tower

Centre Stage at Jonestown

915 Bridge St

Bailey Power Plant

Wake Forest Innovation Quarter - 525@vine

155 Sunnynoll Court

Winston Tower

4908 Reynolda Rd.

Greystone Professional Medical

Stratford Oaks

Union Cross Rd & I-40

Piedmont Commerce Center - Building 2

4964 University Pkwy

Wake Forest Innovation Quarter - Albert & Victoria Halls

Lewisville Commons

Madison Park

6010 Golding Center Drive

West End Center

Piedmont Commerce Center - Building 4

Wells Fargo Center

The Knollwood - 380 Knollwood Street

Frequently Asked Questions

Winston - Salem, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Winston - Salem, NC Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Winston - Salem, NC?

What factors affect the price of commercial real estate in Winston - Salem, NC?

What is the average rent for commercial space in Winston - Salem, NC?

What are the best areas for commercial real estate in Winston - Salem, NC?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Winston - Salem, NC?

Winston - Salem, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us