3655 Reed St Winston-Salem, NC 27107
66,048 SF warehouse with 4 docks and secured access.
Property Features for 3655 Reed St
General Information
- Standard status
- Active
- Size
- 66,048 SF
- Property subtype
- Industrial
Listing office NAI Piedmont Triad (336) 901-3452
Listing date Sep 19, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of NAI Piedmont Triad
Investment Insights
Based on property information with market context.
Key Highlights
- Central Piedmont Triad Location
- Secured (Fenced) Property with Key‑fob access and video surveillance throughout
- ± 66,048 SF
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $594.4k | $9.00 |
| − Vacancy | −$47.0k | −$0.71 |
| EGI | $547.5k | $8.29 |
| − OpEx | −$82.1k | −$1.24 |
| NOI | $465.4k | $7.05 |
