$3,300,000 USD
404-441-3849
5912-5914 University Pky
Winston-Salem, NC 27105
Northeast Winston-Salem
HIGHLIGHTS
- Corporate Net Leases | Long Operating History
- Excellent access & visibility along University Parkway (20,500 VPD), immediately north of the on-ramp to US-52 (51,500 VPD)
- South of $1.74B Winston-Salem Northern Beltway Project
- 5 Miles from Wake Forest University | Enrollment: 9,000+
- Winston-Salem, NC MSA Advantage | MSA Population: 688,850+
OVERVIEW
CBRE is pleased to exclusively offer for sale the ±7,000-square-foot, two-tenant retail building situated on 1.07 acres in Winston-Salem, NC (MSA Population: 688,850). Originally developed for Verizon Wireless and Krispy Kreme in 2008, both tenants have extended their leases with current terms as follows:
Verizon Wireless: 4,500 SF | ±5.7 Years | Rent: $177,300
Krispy Kreme: 2,500 SF | ±4.5 Years | Rent: $75,625
FOR SALE DETAILS
PRICE
$3,300,000 USD
PRICE/SF
$471 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Verizon & Krispy Kreme:
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
1.07 AC
LAND SF
46,609 SF
ZONING
HB
APN/PARCEL ID
6828-38-6427
ASK ABOUT THIS PROPERTY
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404-441-3849
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404-441-3849
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