Property Detail Image 1

2825 Reynolda Road

2825 Reynolda Road Winston-Salem NC 27106

  • Lease Type
    Absolute NNN
  • Price
    $5,205,000
  • Acres
    2.23

15-Year Absolute NNN Lease

The Fuel Fitness property is an exciting investment sale opportunity in a well-positioned area of the Triad with strong demographics. With locations in Durham, Mooresville, Wilmington, Wilson, and Winston-Salem, Fuel Fitness has established its brand as the “up and coming” regional fitness destination in North Carolina. This investment is structured with an Absolute Net Lease with the tenant paying all maintenance, repairs, and service expenses throughout the life of the lease. The facility has adequate parking (170 spaces) with overflow spaces available at the adjacent Harris Teeter grocery store.

  • Inquire about this property.
    Please share your contact information to ask any questions or request more information.

Details

Property Information

  • Property Type
    Investment
  • Building SF
    28,839
  • Year Built
    1972
  • Acres
    2.23
  • Year Renovated
    2022

Pricing & Terms

  • Price
    $5,205,000
  • Lease Type
    Absolute NNN
  • NOI
    $359,050
  • Cap Rate (Actual)
    6.90%
  • Comments
    The Fuel Fitness property is an exciting investment sale opportunity in a well-positioned area of the Triad with strong demographics. With locations in Durham, Mooresville, Wilmington, Wilson, and Winston-Salem, Fuel Fitness has established its brand as the “up and coming” regional fitness destination in North Carolina. This investment is structured with an Absolute Net Lease with the tenant paying all maintenance, repairs, and service expenses throughout the life of the lease. The facility has adequate parking (170 spaces) with overflow spaces available at the adjacent Harris Teeter grocery store.

Property Documents

Aerial Map