201 N Broad St - Office FOR SALE


Winston-Salem, NC 27101
$1,699,000 USD
336-926-1411
201 N Broad St, Winston-Salem, NC for Sale
$1,699,000 USD
Office - FOR SALE
1/6
null | 8.3% Cap Rate

201 N Broad St
Winston-Salem, NC 27101


OVERVIEW

201 N. Broad Street is a fully leased income property in downtown Winston-Salem. The primary tenant lease expires 7/31/2026 with two 5 year renewal terms. The secondary tenant has a month-to-month storage lease. 15,480 SF .5 acres Highly visible location with parking NOI = $141,099. Call Broker for income and expenses. Leases are full service excluding janitorial. The primary tenant is HCTec Partners, who is a healthcare IT service company with 4 US locations. They lease 14,600 SF which expires 7/31/2026 with two 5 year renewal options. The secondary tenant has a month-to-month storage lease in 1,000 SF. Free convenient parking. Additional parking available across Second Street for lease. Zoned Pedestrian Business (PB)

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

8.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

HB HIGHWAY

APN/PARCEL ID

6825-95-8948

ASK ABOUT THIS PROPERTY

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336-926-1411

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336-926-1411

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