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Investment Highlights

  • HIGH VISIBILITY RETAIL CORRIDOR
  • OUTPARCEL TO GROCERY-ANCHORED CENTER
  • EXPERIENCED OPERATOR

Executive Summary

OUTPARCEL TO GROCERY-ANCHORED CENTER
- Freestanding outparcel to Pine Ridge Plaza, anchored by Harris Teeter and surrounded by national retailers.
HIGH VISIBILITY RETAIL CORRIDOR
- Positioned on Reynolda Road with approximately 27,000 VPD and strong access within a dense retail node.
LOW ABSOLUTE RENT BASIS
- In-place rent of $108,900 provides an accessible price point and supports future renewal economics
EXPERIENCED OPERATOR
- Operated by Cellular Sales, Verizon’s largest authorized retailer, with a large national footprint and long operating history.
AFFLUENT INFILL TRADE AREA
- More than 56,000 residents within 3 miles with average household income of approximately $105,848

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,102 SF
Building Class
C
Year Built/Renovated
1969/2015
Price
$2,406,050 CAD
Price Per SF
$775.64 CAD
Cap Rate
6.25%
NOI
$150,413 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.46 AC
Zoning
HB
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
104’ on Reynolda

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Information
  • -
  • -
  • Double Net
  • Jan 2031

Verizon a du travail parce que ses clients apprécient ses services de communication de haute qualité. Ils offrent une expérience client supérieure grâce à leurs produits et à leurs actions. Tout ce qu'ils font, ils s'appuient sur un réseau, des systèmes et des processus solides. La qualité et la fiabilité des produits qu'ils livrent sont primordiales. Les clients les paient pour leur fournir des services sur lesquels ils peuvent compter. Ils se concentrent sur le client, et non sur l'intérieur. Ils permettent aux clients de faire affaire facilement avec eux, en écoutant, en anticipant et en répondant à leurs besoins. Ils connaissent leurs produits et peuvent les expliquer aux clients. Ils mettent l'accent sur l'exécution fondamentale. Ils sont responsables et ils donnent suite avec un sentiment d'urgence. Ils savent qu'avoir les normes éthiques les plus élevées est un avantage concurrentiel.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Information - - Double Net Jan 2031
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Lowes Foods
Planet Fitness
Starbucks
First Horizon Bank
Truist
East Coast Wings & Grill
Cook Out
Lidl
Harris Teeter
First Citizens Bank

Property Taxes

Property Taxes

Parcel Number
6817-64-2060
Land Assessment
$319,057 CAD
Improvements Assessment
$453,862 CAD
Total Assessment
$772,919 CAD
  • Listing ID: 39922434

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 2885 Reynolda Rd, Winston-Salem, NC 27106

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