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5610 University Pky
Winston-Salem, NC 27105 Northeast Winston-Salem

$1,550,000 USD

Bank For Sale  •  2,700 SF

Property Details

  • Property Type Bank
  • Total Building Size 2,700 SF
  • Lot Size 1 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning GB GENERAL
0 Transit Score
48 Walk Score

Highlights

Piedmont Advantage Credit Union had $351 million in deposits, $395 million in assets, and $20.6 million in equity capital at the end of Q1 2025
New 12-year absolute NNN lease featuring 2% annual rent increases and two (2), 4-year options
Zero landlord maintenance or expense obligations
Located on University Parkway (33,146 VPD), close to Wake Forest University (3 miles)
Adjacent to ALDI, Discount Tire and North Forsyth High School, across from the Grand Winston-Salem (IMAX) theater and surrounded by office buildings
Close to Walmart Supercenter, Target, Chipotle, Aspen Dental, Lowe’s, Home Depot, Sam’s Club, Jiffy Lube, Subway, Wendy’s and auto dealerships

Property Flyers

Cap Rate: 5.75 %

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 42 min - 26.9 mi
Joseph Caccamo 415-274-7394 CP Partners CRE
Joseph Caccamo 415-274-7394 CP Partners CRE