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Novant Health 390 W Salem Ave 9,712 SF Office Building Winston-Salem, NC 27101 $3,218,827 ($331.43/SF) 6.65% Cap Rate

Medical Offices North Carolina Winston-Salem 390 W Salem Ave, Winston-Salem, NC 27101

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Investment Highlights

  • High-Caliber Health System Operator
  • Class A Outpatient Facility
  • Tenant Investment
  • Passive NNN Lease Structure
  • Attractive Price Per Square Foot
  • Attractive Rent Growth

Executive Summary

Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,712 SF
Building Class
B
Year Built
2007
Price
$3,218,827
Price Per SF
$331.43
Cap Rate
6.65%
NOI
$214,052
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,712 SF
Building FAR
0.77
Lot Size
0.29 AC
Zoning
PB-S - Pedestrian Business
Parking
20 Spaces (2.06 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wheelchair Accessible
  • Natural Light
  • Air Conditioning

Links

1 1
Bike Score®
Very Bikeable (82)
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Property Taxes

Parcel Number 6835-20-7749 Improvements Assessment $1,964,900
Land Assessment $162,600 Total Assessment $2,127,500

Property Taxes

Parcel Number
6835-20-7749
Land Assessment
$162,600
Improvements Assessment
$1,964,900
Total Assessment
$2,127,500
(630) 854-9717

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Contact the brokers for more information about this property

Contacts

  • Listing ID: 39354821

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 390 W Salem Ave, Winston-Salem, NC 27101

More public record information on 390 W Salem Ave, Winston-Salem, NC 27101

The South Marshall Office Property at 390 W Salem Ave, Winston-Salem, NC 27101 is currently available. Contact Matthews Real Estate Investment Services for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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Novant Health | 390 W Salem Ave
(630) 854-9717 x

Novant Health | 390 W Salem Ave

Tyler Swade
(630) 854-9717

Michael Moreno
(949) 432-4511

Rahul Chhajed
(818) 434-1106

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