1031 Highland Ave - Specialty FOR SALE


Winston-Salem, NC 27101- East Winston
$1,900,000 USD
336-722-1986
1031 Highland Ave, Winston-Salem, NC for Sale
$1,900,000 USD
Specialty - FOR SALE
1/17
null | 7.5% Cap Rate

1031 Highland Ave
Winston-Salem, NC 27101
East Winston


HIGHLIGHTS

  • Established healthcare facility use on a 1.21-acre site.
  • Convenient access to Downtown Winston-Salem.
  • Located within the Piedmont Triad regional market.
  • Accessible to major highways including US 52 and I-40.
  • Near major healthcare and educational institutions.
  • Suitable for owner-user or investment consideration.

OVERVIEW

Rare Sale/Leaseback opportunity for 13,404 square foot facility on 1.21 acres, net-leased to the YWCA for the Best Choice Center, an academically focused program that provides after-school care for students in the community. Defensive Asset Class - Long-term commitment provides immediate cash flow with zero lease-up risk. Sale/Leaseback Structure - Acquire a specialized institutional facilityat a basis well below today’s replacement cost. Minutes from downtown Winston-Salem with strong access and surrounding neighborhood support.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,707 SF

ZONING

RM18

APN/PARCEL ID

6836-50-9315

ASK ABOUT THIS PROPERTY

Charlie Fulk, CCIMMeridian Realty Group, Inc.More Info
336-722-1986

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Charlie Fulk, CCIMMeridian Realty Group, Inc.More Info
336-722-1986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.