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Novant Health 390 W Salem Ave 9,712 SF Office Building Winston-Salem, NC 27101 $4,428,527 CAD ($455.99 CAD/SF) 6.65% Cap Rate



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
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
$4,428,527 CAD
Price Per SF
$455.99 CAD
Cap Rate
6.65%
NOI
$294,497 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
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 6835-20-7749 | Improvements Assessment | $2,678,041 CAD |
| Land Assessment | $221,614 CAD | Total Assessment | $2,899,655 CAD |
Property Taxes
Parcel Number
6835-20-7749
Land Assessment
$221,614 CAD
Improvements Assessment
$2,678,041 CAD
Total Assessment
$2,899,655 CAD
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Novant Health | 390 W Salem Ave
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