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8151 North Point Blvd 7,680 SF Flex Building Winston-Salem, NC 27105 $1,200,000 ($156.25/SF) 8% Cap Rate



Executive Summary
Property Highlights
Single-tenant retail/flex building totaling 7,680 SF situated on a 0.86-acre parcel, offering a simple ownership structure and ease of management.
Long-term upside potential through rental growth, strategic lease structuring, and asset appreciation.
Excellent visibility and access along North Point Blvd, with convenient connectivity to US-52, I-40, and surrounding employment centers.
Located within a dense commercial and industrial submarket that supports consistent tenant demand.
Positioned in a major employment corridor, surrounded by industrial, distribution, and service users, as well as national, regional, and local businesses that drive strong daytime population and traffic.
Functional retail/flex layout suitable for a wide range of uses including service retail, school, church, daycare, showroom, or light commercial operations.
Ample on-site parking and operational flexibility relative to building size, with potential for future expansion.
Investment Highlights
Asking Price: $1,200,000, representing an attractive entry point for investors and priced below replacement cost at $156 PSF.
Income-producing asset with an NOI of $96,000, providing stable cash flow.
Offered as a single-tenant investment or owner/user retail-flex opportunity.
Seller will execute a multi-year sale-leaseback, allowing continued occupancy while pursuing expansion into a larger facility, offering immediate income stability for the buyer.
Single-tenant retail/flex building totaling 7,680 SF situated on a 0.86-acre parcel, offering a simple ownership structure and ease of management.
Long-term upside potential through rental growth, strategic lease structuring, and asset appreciation.
Excellent visibility and access along North Point Blvd, with convenient connectivity to US-52, I-40, and surrounding employment centers.
Located within a dense commercial and industrial submarket that supports consistent tenant demand.
Positioned in a major employment corridor, surrounded by industrial, distribution, and service users, as well as national, regional, and local businesses that drive strong daytime population and traffic.
Functional retail/flex layout suitable for a wide range of uses including service retail, school, church, daycare, showroom, or light commercial operations.
Ample on-site parking and operational flexibility relative to building size, with potential for future expansion.
Investment Highlights
Asking Price: $1,200,000, representing an attractive entry point for investors and priced below replacement cost at $156 PSF.
Income-producing asset with an NOI of $96,000, providing stable cash flow.
Offered as a single-tenant investment or owner/user retail-flex opportunity.
Seller will execute a multi-year sale-leaseback, allowing continued occupancy while pursuing expansion into a larger facility, offering immediate income stability for the buyer.
Property Facts
| Price | $1,200,000 | Rentable Building Area | 7,680 SF |
| Price Per SF | $156.25 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1984 |
| Cap Rate | 8% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.6/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 10’ |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.86 AC | ||
| Zoning | HB HIGHWAY - HB which permits a wide variety of commercial uses including Service, Retail, Distribution, warehouse. | ||
| Price | $1,200,000 |
| Price Per SF | $156.25 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.86 AC |
| Rentable Building Area | 7,680 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 2.6/1,000 SF |
| Clear Ceiling Height | 10’ |
| Opportunity Zone |
Yes |
| Zoning | HB HIGHWAY - HB which permits a wide variety of commercial uses including Service, Retail, Distribution, warehouse. |
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Property Taxes
| Parcel Number | 6827-64-8678 | Improvements Assessment | $435,600 |
| Land Assessment | $260,400 | Total Assessment | $696,000 |
Property Taxes
Parcel Number
6827-64-8678
Land Assessment
$260,400
Improvements Assessment
$435,600
Total Assessment
$696,000
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