Net Leased Verizon Retail
2885 Reynolda Rd Winston Salem, NC 27104
2885 Reynolda Rd, Winston Salem, NC, 27104
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For Sale
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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 Market35
Property Features for 2885 Reynolda Rd
General Information
- Standard status
- Active
- Size
- 3,102 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1969
Listing agency
Atlantic Capital Partners
(704) 375-7771
Listed by
Mike Lucier · License #NC 231272
Source
Crexi
Added: Jun 18 Updated: Jul 21 at 4:50PM Checked: Jul 21 at 4:50PM
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
Location Intelligence
Current Use by Public Records
Verizon
Mobile Phone Store
Cellular Sales Smartphone ...
Computer & Electronic Repair
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FAQs
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
