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INVESTMENT HIGHLIGHTS
- 150-person capacity
- 82 parking spaces
EXECUTIVE SUMMARY
Great investment opportunity! Operating restaurant on ±1.08 acre. Tenant is in year-one of a 5-year lease. Restaurant is ±4,973 SF with 150-person occupancy capacity and parking lot with 82 spaces. After initial term of lease, equipment will be owned by tenant. Located north of downtown Winston-Salem and near Wake Forest University.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,973 SF
Building Class
C
Year Built
1983
Price
$1,200,000
Price Per SF
$241.30
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.08 AC
Zoning
GB - General Business
Parking
82 Spaces (16.49 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- North Point Grill
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| North Point Grill | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6827-35-4986 | Improvements Assessment | $277,200 |
| Land Assessment | $411,600 | Total Assessment | $688,800 |
PROPERTY TAXES
Parcel Number
6827-35-4986
Land Assessment
$411,600
Improvements Assessment
$277,200
Total Assessment
$688,800
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7843 North Point Blvd
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