Log In/Sign Up
Your email has been sent.
2825 Reynolda Rd 29,839 SF 100% Leased Retail Building Winston-Salem, NC 27106 $5,205,000 ($174.44/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Tenant: Fuel Fitness
- 15-Year Absolute NNN Lease
EXECUTIVE SUMMARY
The Fuel Fitness property is an exciting investment sale opportunity in a well-positioned area of the Triad with strong demographics. With locations in Durham, Mooresville, Wilmington, Wilson, and Winston-Salem, Fuel Fitness has established its brand as the “up and coming” regional fitness destination in North Carolina. This investment is structured with an Absolute Net Lease with the tenant paying all maintenance, repairs, and service expenses throughout the life of the lease. The facility has adequate parking (170 spaces) with overflow spaces available at the adjacent Harris Teeter grocery store.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
29,839 SF
Building Class
C
Year Built
1972
Price
$5,205,000
Price Per SF
$174.44
Cap Rate
6.90%
NOI
$359,145
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
2.23 AC
Zoning
HB - Highway Business
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Fuel Fitness
- Arts, Entertainment, and Recreation
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Fuel Fitness | Arts, Entertainment, and Recreation | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6817-64-7328 | Improvements Assessment | $2,616,600 |
| Land Assessment | $826,200 | Total Assessment | $3,442,800 |
PROPERTY TAXES
Parcel Number
6817-64-7328
Land Assessment
$826,200
Improvements Assessment
$2,616,600
Total Assessment
$3,442,800
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2825 Reynolda Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.