390 W Salem Ave - Medical FOR SALE


Winston-Salem, NC 27101- South Marshall
$3,500,000 USD
704-442-0222
390 W Salem Ave, Winston-Salem, NC for Sale
$3,500,000 USD
Medical - FOR SALE
1/4
null | 5.9% Cap Rate

390 W Salem Ave
Winston-Salem, NC 27101
South Marshall


HIGHLIGHTS

  • Great Location
  • Ample Parking Available

OVERVIEW

• 100% Leased Medical Office Building • Strong credit tenant • Tenant’s Parent Company (Novant Health, Inc.) has a AA-Credit rating with S&P Global • Located in Winston-Salem, NC, headquarters of Novant Health, Inc. • Stabilized 1st year NOI (2025) of $206,551 • Less than 4 miles to Novant Health Forsyth Medical Center

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$346 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

PB-S

APN/PARCEL ID

6835-20-7749

ASK ABOUT THIS PROPERTY

Tiffany SlaydenFlagship Healthcare PropertiesMore Info
704-442-0222

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Tiffany SlaydenFlagship Healthcare PropertiesMore Info
704-442-0222

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