619 Brookstown Avenue   |  619 Brookstown Avenue   |   9,600 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Tommy Adams at tommy@ltpcommercial.com

    This downtown Winston-Salem investment opportunity boast two long-term tenants: Lamar Outdoor Advertising (billboard), and Sid Harvey Industries (warehouse).

    Thanks to tremendous visibility from Business 40 and downtown location, Lamar Advertising entered into a new 20-Year lease for the billboard situated on the property.

    Sid Harvey Industries has occupied the 9,600sf warehouse building since construction, and just entered into a brand-new lease that extends until November 2027. Important to note, Sid Harvey will be making at least $15,000 worth of improvements to the property in the coming months.

    The property itself is located in downtown Winston-Salem and is in close proximity to many new development projects. In addition to the major overhaul of Business 40, DOT also recently completed road and sidewalk improvements right in front of the property.

    Address:619 Brookstown Avenue
    City:Winston-Salem
    Zip:27101
    Avail sf ± 9,600
    Price$795,000
  • Aerial Map
  • PROPERTY DETAILS

    Property Type Investment
    Avail sf ± 9,600
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    County:Forsyth , NC

    PRICING & TERMS

    Price$795,000
    NOI$53,858
    Cap Rate6.80%
    CommentsThis downtown Winston-Salem investment opportunity boast two long-term tenants: Lamar Outdoor Advertising (billboard), and Sid Harvey Industries (warehouse).