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Winston Salem Dental Sale Leaseback 1480 Rymco Dr 6,392 SF 100% Leased Office Building Winston-Salem, NC 27103 $3,500,000 ($547.56/SF) 7.06% Cap Rate

Medical Offices North Carolina Winston-Salem 1480 Rymco Dr, Winston-Salem, NC 27103

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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
  • Strategic Medical Hub: The property is located just 1.5 miles from Novant Health Medical Center
  • Robust Retail Environment: The property is surrounded by over 1 million square feet of national retail tenants
  • 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
  • Lease Options: Tenants have two, 5-year renewal options, allowing for continued occupancy & stability in cash flow beyond the initial lease term

EXECUTIVE SUMMARY

Broker of Record
Brian Brockman
License # 298998 (NC)
Bang Realty- North Carolina
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241
513-898-1551

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,392 SF
Building Class
B
Year Built
2005
Price
$3,500,000
Price Per SF
$547.56
Cap Rate
7.06%
NOI
$247,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,392 SF
Zoning
GO-S

AMENITIES

  • Bus Line

LINKS

1 1

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
(510) 684-0574

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38281781

  • Date on Market: 10/31/2025

  • Last Updated:

  • Address: 1480 Rymco Dr, Winston-Salem, NC 27103

More public record information on 1480 Rymco Dr, Winston-Salem, NC 27103

The S Downtown Winston-Salem Office Property at 1480 Rymco Dr, Winston-Salem, NC 27103 is currently available. Contact Matthews Real Estate Investment Services for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Winston Salem Dental Sale Leaseback | 1480 Rymco Dr
(510) 684-0574 x

Winston Salem Dental Sale Leaseback | 1480 Rymco Dr

Thor St John
(510) 684-0574

Rahul Chhajed
(818) 434-1106

Michael Moreno
(949) 432-4511

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