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4140 N Cherry St
Winston-Salem, NC 27105
Single Tenant Investment Opportunity · Office Property For Sale
Property Facts
Property Type
Office
Building Size
16,511 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,511 SF
Building FAR
0.20
Lot Size
1.90 AC
Zoning
C
Parking
30 Spaces (1.82 Spaces per 1,000 SF Leased)
About 4140 N CHERRY ST , WINSTON-SALEM, NC 27105
This ±16,511 SF income-producing, single tenant, office building sits on 1.9 acres. Conveniently located right off Cherry Street, this building will have a $600,000+ remodel to be completed before June 2020. The tenant, Monarch, recently renewed their lease extending it through 5/31/2027. Three HVAC units were replaced in 2018. Landlord is responsible for taxes, insurance, roof, structure, and HVAC.
Property Taxes
| Parcel Number | 6827-63-5333 | Improvements Assessment | $934,000 |
| Land Assessment | $430,400 | Total Assessment | $1,364,400 |
Property Taxes
Parcel Number
6827-63-5333
Land Assessment
$430,400
Improvements Assessment
$934,000
Total Assessment
$1,364,400
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