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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
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
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
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
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
Contacts
-
Tyler Swade -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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Videos
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Photos
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Street
Map
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Presented by
Novant Health | 390 W Salem Ave
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