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Novant Health 390 W Salem Ave 9,712 SF Office Building Winston-Salem, NC 27101 $4,404,321 CAD ($453.49 CAD/SF) 6.65% Cap Rate

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Investment Highlights

  • High-Caliber Health System Operator
  • Class A Outpatient Facility
  • Tenant Investment
  • Passive NNN Lease Structure
  • Attractive Price Per Square Foot
  • Attractive Rent Growth

Executive Summary

Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,712 SF
Building Class
B
Year Built
2007
Price
$4,404,321 CAD
Price Per SF
$453.49 CAD
Cap Rate
6.65%
NOI
$292,887 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,712 SF
Building FAR
0.77
Lot Size
0.29 AC
Zoning
PB-S - Pedestrian Business
Parking
20 Spaces (2.06 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wheelchair Accessible
  • Natural Light
  • Air Conditioning
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
6835-20-7749
Land Assessment
$222,951 CAD
Improvements Assessment
$2,694,192 CAD
Total Assessment
$2,917,143 CAD
  • Listing ID: 39354821

  • Date on Market: 2026-02-06

  • Last Updated:

  • Address: 390 W Salem Ave, Winston-Salem, NC 27101

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