Office for Sale
Catylist Listing ID: 30228804
Property Subtypes: Medical
Building Size (RSF): 31,447 SF
Gross Land Area: 1.67 Acres
Sale Price: $6,600,000
Unit Price: $209.88 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: 7.1%
Last Updated: 4/12/2018

Overview / Comments

• Novant’s willingness to sign new 5-year leases across all tenants demonstrates their commitment to the property. • The properties sit in a dense medical submarket that has averaged over 92% occupancy for the last 3 years. • The Properties have a strong track record of 100% occupancy with many tenants being in the building over 10 years.

Attachments & Media

Additional Details

Nearest MSA: Winston-Salem
County: Forsyth
Tax ID/APN: 6815-80-3311.00
Zoning: LO
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1984

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,317 77,592 176,221
Median Age: 40 38.46 36.34
Households: 3,497 34,628 72,359


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