7843 North Point Blvd - Freestanding FOR SALE


Winston-Salem, NC 27106- Brookwood
$1,200,000 USD
336-724-1715
7843 North Point Blvd, Winston-Salem, NC for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/11
null | 8.2% Cap Rate

7843 North Point Blvd
Winston-Salem, NC 27106
Brookwood


HIGHLIGHTS

  • Tenant is in year one of a 5-year lease
  • 150-person capacity

OVERVIEW

Great investment opportunity! Operating restaurant on ±1.08 acres. Tenant is in year one of a 5-year lease. Restaurant is ±4,973 SF with 150-person capacity and parking lot with 82 spaces. After initial term of lease, equipment will be owned by tenant and cap rate will decrease to 7.30% Located north of downtown Winston-Salem and near Wake Forest University.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

8.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

CROSS STREETS

University Parkway

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

GB GENERAL

APN/PARCEL ID

6827-35-4986

ASK ABOUT THIS PROPERTY

Katie HayesLinville Team PartnersMore Info
336-724-1715

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Katie HayesLinville Team PartnersMore Info
336-724-1715

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