$3,428,571 USD
310-955-1774
1480 Rymco Dr
Winston-Salem, NC 27103
S Downtown Winston-Salem
HIGHLIGHTS
- STABLE LONG-TERM LEASES - This investment features a 10-Year lease with 3% annual increases and two, 5-year options to extend.
- ATTRACTIVE RENTAL INCREASES - The lease features 3% annual rental increases.
- STRATEGIC MEDICAL HUB - The property is located just 1.5 miles from Novant Health Medical Center, a 859-bed hospital.
- CONVENIENT HIGHWAY ACCESS - The property benefits from convenient access to major highways including Interstate 40 and US HWY 421.
- ROBUST RETAIL ENVIRONMENT - The property is surrounded by over 1 million square feet of national retailers including Costco, Target and Home Depot.
- FAVORABLE DEMOGRAPHICS - There are over 145k residents within a 5-mile radius of the site.
FOR SALE DETAILS
PRICE
$3,428,571 USD
PRICE/SF
$536 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dental Clinic | 10 Year NNN Lease
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
GO-S
APN/PARCEL ID
6814-18-7270
ASK ABOUT THIS PROPERTY
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310-955-1774
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310-955-1774
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