J-1-1365 Westgate Center Dr Winston Salem, NC 27103
First-floor office suite with reception, open workspace, two private offices, and two bathrooms in a condo building.
- Added:
- Jul 6, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 10 at 3:51 am
Property Features for J-1-1365 Westgate Center Dr
General Information
- Standard status
- Active
- Size
- 1,000 SF
Listing office Blue Door Group Real Estate (336) 409-0786
Listing date Jul 6, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
Located in the Westgate Center business district within the Gates Condos, the suite is positioned near major thoroughfares and surrounded by shopping, dining, and professional services.
With a mix of open work area and private offices, the space supports a range of office workflows, including established professional practices and other office users seeking a self-contained condo setting.
Key Highlights
- Approximately 1,000 SF first‑floor office condominium in Gates Condos at Westgate Center business district
- Suite includes a reception area and spacious open workspace
- Two private offices, including one with an exterior entrance
Local Financial Insights For Office B
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 | $19.9k | $19.92 |
| − Vacancy | −$4.1k | −$4.08 |
| EGI | $15.8k | $15.84 |
| − OpEx | −$4.0k | −$3.96 |
| NOI | $11.9k | $11.88 |
