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730 Highland Oaks Dr 22,420 SF 100% Leased Office Building Winston-Salem, NC 27103 $5,253,979 ($234.34/SF) 6.50% Cap Rate

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Investment Highlights

Two-story medical building; fully leased with 4 tenants

Close to Novant Medical Center & Atrium Wake Forest Baptist Health

Executive Summary

This two-story medical office building offers 20,408 SF of leasable space within a 21,900 SF gross building area on an approximately 2-acre site with 113 parking spaces. Built in 1987, the property is fully leased to four medical tenants, providing stable in-place income. Ideally located near Novant Medical Center and Atrium Wake Forest Baptist Health, the asset benefits from strong healthcare demand. The property generates an NOI of $341,509, reflecting a 6.5% cap rate. Contact the broker to receive the full Offering Memorandum, including detailed income and expense information.
20,408 leaseable sq; 21,900 SF of gross building area
Built in 1987
Approximately 2 acre site with 113 parking spaces
Two-story medical building; fully leased with 4 tenants
Close to Novant Medical Center & Atrium Wake Forest Baptist Health
NOI: $341,509
Cap rate: 6.5%
Contact broker for an offering memorandum with income and expenses

01.16.26_730HighlandOaks_Brochure

Property Facts

Sale Type

Investment

Sale Condition

Sale Leaseback

Property Type

Office

Property Subtype

Medical

Building Size

22,420 SF

Building Class

Year Built

1987

Price

$5,253,979

Price Per SF

$234.34

Cap Rate

6.50%

NOI

$341,509

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

11,210 SF

Slab To Slab

13’

Building FAR

0.26

Lot Size

1.98 AC

Zoning

CPO CORP P

Parking

115 Spaces (5.13 Spaces per 1,000 SF Leased)

Bus Line

Signage

Drop Ceiling

Air Conditioning

Services
-
$9.99
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