Net Leased Verizon Retail
For Sale
Contact for pricing
2885 Reynolda Rd, Winston Salem, NC 27104
Single-tenant net leased Verizon Wireless outparcel operated by Cellular Sales near Pine Ridge Plaza on a major retail corridor.
Property Size3,102 SF
Price / SF$561.57
Days on Market80
Property Features for 2885 Reynolda Rd
General Information
Standard status
Active
Size
3,102 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$108,900
Additional Details
Traffic Count
27,000 vehicles/day
Building Details
Year Built
1969
Year Renovated
2015
Tenancy
Single
Listing Agency:
Atlantic Capital Partners
Listed By:
David Hoppe · License #NC 288268
(704) 375-7771
Source:
Crexi
Added: Jun 18
Changed: Aug 24
Last Checked: Sep 2 at 10:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners
Investment Insights
Based on property information with market context.
This offering presents a single-tenant net leased investment property currently occupied by Verizon Wireless and operated by Cellular Sales. The site is a freestanding outparcel to Pine Ridge Plaza, a grocery-anchored shopping center.
The property is positioned along Reynolda Road in Winston-Salem, North Carolina, where the corridor sees approximately 27,000 vehicles per day. It is located within an established retail area with a concentration of national retailers, service tenants, and affluent residential neighborhoods.
According to Placer.ai, Verizon has operated at this location as a high-performing store, ranking in the top 4% nationally by visits. The 3-mile trade area includes more than 56,000 residents with average household income exceeding $105,000. The lease is structured to provide investors with stable in-place cash flow, with future upside through the remaining option term.
The property is positioned along Reynolda Road in Winston-Salem, North Carolina, where the corridor sees approximately 27,000 vehicles per day. It is located within an established retail area with a concentration of national retailers, service tenants, and affluent residential neighborhoods.
According to Placer.ai, Verizon has operated at this location as a high-performing store, ranking in the top 4% nationally by visits. The 3-mile trade area includes more than 56,000 residents with average household income exceeding $105,000. The lease is structured to provide investors with stable in-place cash flow, with future upside through the remaining option term.
Key Highlights
- 1969‑built single‑tenant net leased property occupied by Verizon Wireless, operated by Cellular Sales
- Freestanding outparcel to Pine Ridge Plaza (grocery‑anchored) along Reynolda Road
- Pine Ridge Plaza location sees approximately 27,000 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
27,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
248k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 26%
Shops & Services 24%
Electronics 4%
Harris Teeter
Groceries
28,974 visits/mo
0.1 miles
McDonald's
Dining
22,399 visits/mo
0.1 miles
Cook Out
Dining
21,446 visits/mo
0.1 miles
Lowes Foods
Groceries
19,122 visits/mo
0.1 miles
Dollar Tree
Shops & Services
18,160 visits/mo
0.2 miles
Demographics for 27104, NC
30,533
Population
15,082
Households
2
Avg Household Size
43
Median Age
58%
College-Educated
95%
High-School Grad
12.4 sq mi
ZIP Area
2,462
Density / Sq Mi
$77,056
Median Household Income
$47,923
Median Earnings
$1,135
Median Rent
$329,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-tenant net leased Verizon Wireless outparcel operated by Cellular Sales near Pine Ridge Plaza on a major retail corridor.
Where is this storefront property located?
The property is located at 2885 Reynolda Rd Winston Salem, NC.
What is the asking price?
The asking price for this property is $1,742,000.
What are key features of this property?
This property features: 1969‑built single‑tenant net leased property occupied by Verizon Wireless, operated by Cellular Sales; Freestanding outparcel to Pine Ridge Plaza (grocery‑anchored) along Reynolda Road; Pine Ridge Plaza location sees approximately 27,000 vehicles per day
