3652 Reynolda Road
3652 Reynolda Road Winston-Salem NC 27106
- Available SF3,562
- Price$1,050,000
- Acres0.88
Full-access restaurant with great visibility and excellent location along heavily trafficked Reynolda Road retail corridor near intersection of Bethabara Park Blvd. Constructed in 1986, the building has ±3,562 SF and is situated on 0.88 acres with abundant parking. Current Bojangles NNN lease will continue to October 2023, providing 1.5 years of established rental income. This property is an excellent opportunity for an owner-occupant as it is priced well below replacement cost.
Details
Property Information
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Property Type
Retail
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Available SF
3,562
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Year Built
1996
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Acres
0.88
Pricing & Terms
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Price
$1,050,000
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NOI
$80,232
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Cap Rate (Actual)
7.64%
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Comments
Full-access restaurant with great visibility and excellent location along heavily trafficked Reynolda Road retail corridor near intersection of Bethabara Park Blvd. Constructed in 1986, the building has ±3,562 SF and is situated on 0.88 acres with abundant parking. Current Bojangles NNN lease will continue to October 2023, providing 1.5 years of established rental income. This property is an excellent opportunity for an owner-occupant as it is priced well below replacement cost.