$1,550,000 USD
415-274-7394
5610 University Pky
Winston-Salem, NC 27105
Northeast Winston-Salem
HIGHLIGHTS
- Piedmont Advantage Credit Union had $351 million in deposits, $395 million in assets, and $20.6 million in equity capital at the end of Q1 2025
- New 12-year absolute NNN lease featuring 2% annual rent increases and two (2), 4-year options
- Zero landlord maintenance or expense obligations
- Located on University Parkway (33,146 VPD), close to Wake Forest University (3 miles)
- Adjacent to ALDI, Discount Tire and North Forsyth High School, across from the Grand Winston-Salem (IMAX) theater and surrounded by office buildings
- Close to Walmart Supercenter, Target, Chipotle, Aspen Dental, Lowe’s, Home Depot, Sam’s Club, Jiffy Lube, Subway, Wendy’s and auto dealerships
OVERVIEW
A newly renovated relocation site for Piedmont Advantage Credit Union (PACU) which had $351 million in deposits at the end of Q1 2025, and is headquartered in Winston-Salem. PACU is adjacent to ALDI on University Parkway, a main retail thoroughfare with 33,146 VPD. Located in the fast-growing Winston-Salem market with 104,340 residents in a 5-mile radius of the subject property.
FOR SALE DETAILS
PRICE
$1,550,000 USD
PRICE/SF
$574 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Piedmont Advantage Credit Union
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
GB GENERAL
APN/PARCEL ID
6828-34-1676
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415-274-7394
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415-274-7394
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