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214 Trent st
Kernersville, NC 27284 Downtown Kernersville

$1,400,000 USD

Specialty For Sale  •  18,600 SF

Property Details

  • Property Type Specialty
  • Total Building Size 18,600 SF
  • Lot Size 2.04 AC
  • Year Built 1990
0 Transit Score
50 Walk Score

Highlights

7.00% In-Place Cap Rate providing immediate day-one cash flow
Attractive pro-forma cap rates in Years 1 – 4, exceeding 9.30%
Dense surrounding population with 60,000+ residents within a 5-mile radius.
Significant nearby residential development pipeline with nearly $800M in value within 5 miles totaling over 2,000 housing units.
Over $100,000 in capital improvements put into the property over the past 24 months, including 55 new doors, a new security system, installed internet
Strategic Triad location approximately 6 miles from Piedmont Triad International Airport.

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 20 min - 10.4 mi
Zachary Tryon 770-728-8407 Matthews Real Estate Investment Services
Zachary Tryon 770-728-8407 Matthews Real Estate Investment Services