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1480 Rymco Dr
Winston-Salem, NC 27103
Winston-Salem Dental Sale Leaseback · Office Property For Sale
Investment Highlights
- STABLE LONG-TERM LEASES: One tenant has just signed a new 10-year lease, while the other tenant will be signing a new 10-year lease at the close.
- STRATEGIC MEDICAL HUB: The property is located just 1.5 miles from Novant Health Medical Center, enhancing its appea.l.
- ROBUST RETAIL ENVIRONMENT: The property is surrounded by over 1 million SF of national retail tenants, including Costco, Target, and Home Depot.
- ATTRACTIVE RENTAL INCREASES: The leases include a 3% annual rental increase, ensuring consistent revenue growth and protection against inflation.
- CONVENIENT HIGHWAY ACCESS: Proximity to major highways, specifically Interstate 40 and US Highway 421, facilitates easy access for patients & clients.
- FLEXIBLE LEASE OPTIONS: Tenants have two, 5-year renewal options, allowing for continued occupancy and stability in cash flow beyond the initial lease
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
6,393 SF
Building Class
B
Year Built
2005
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,392 SF
Zoning
GO-S
Amenities
- Bus Line
Property Taxes
| Parcel Number | 6814-18-7270 | Improvements Assessment | $1,032,200 |
| Land Assessment | $275,300 | Total Assessment | $1,307,500 |
Property Taxes
Parcel Number
6814-18-7270
Land Assessment
$275,300
Improvements Assessment
$1,032,200
Total Assessment
$1,307,500
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