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1480 Rymco Dr
Winston-Salem, NC 27103 S Downtown Winston-Salem

$3,500,000 USD

Medical For Sale  •  6,393 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,392 SF
  • Building Class B
  • Year Built 2005
  • Tenancy Multiple
  • Zoning GO-S
0 Transit Score
36 Walk Score

Highlights

Stable Long-Term Leases: One tenant has just signed a new 10-year lease, while the other tenant will be signing a new 10-year lease
Attractive Rental Increases: The leases include a 3% annual rental increase, ensuring consistent revenue growth and protection against inflation
Strategic Medical Hub: The property is located just 1.5 miles from Novant Health Medical Center
Convenient Highway Access: Proximity to major highways, specifically Interstate 40 and US Highway 421
Robust Retail Environment: The property is surrounded by over 1 million square feet of national retail tenants
Lease Options: Tenants have two, 5-year renewal options, allowing for continued occupancy & stability in cash flow beyond the initial lease term

Amenities

  • Bus Line

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 39 min - 25.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Thor St John 510-684-0574 Matthews Real Estate Investment Services
Thor St John 510-684-0574 Matthews Real Estate Investment Services