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900 Old Winston Rd Kernersville, NC 27284

Sponsored
For Sale
$995,000

Kernersville, NC: Prime Medical Office Investment

Property size:
4,701 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a Class B, 4,701 square foot medical office building located in Kernersville, North Carolina. The property, situated at 900 Old Winston Rd, consists of two units (222 and 320) within the desirable Linville Professional Center. Currently leased to Wake Forest Health Network under a five-year modified gross lease, the property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $69,650. The asking price is $995,000, translating to a price per square foot of $211.66. Built in 2007, the single-building property is zoned for office use and features a convenient location with easy access to Business 40 and South Main Street. The property's location within the Carolina Core ensures high visibility and accessibility for patients and staff. This turnkey investment offers a stable income stream with a creditworthy tenant, making it an attractive opportunity for discerning investors seeking a strong return on investment in a thriving medical market. The Forsyth County location and the established tenant provide a secure and profitable investment prospect. The property's APN is 6876-51-8519 & 6876-51-8527.

Property Features for 900 Old Winston Rd

General Information

Property type
Medical offices
Square Feet
4,701 SF
Class
B

Building Details

Year Built
2007
Buildings
1
Units
2

HighLights

  • 7% capitalization rate.
  • Five‑year lease term.
  • Investment‑grade credit tenant.
  • Modified gross lease structure.
Property Profile Location Intelligence

Current Use by Public Records

Regan Carly A Nurse Practitioner Dr. Kimley Hensley Chiropractor Laura Cole, NP Doctor Edward Jones Financial Consultant Therapists Help Mental Health Service

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Kernersville
County
Forsyth
State
North Carolina
Longitude
-80.097278464024
Latitude
36.112008196802

FAQs

What type of property is this?
Medical office - Kernersville, NC: Prime Medical Office Investment
Where is this medical office located?
The property is located at 900 Old Winston Rd Kernersville, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7% capitalization rate.; Five-year lease term.; Investment-grade credit tenant.
More about this property
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