12845 Old Hwy Winston-Salem, NC 27107
- Warehouses
- 22,116 SF
- 4.40 lot acres
Current Use by Public Records
- Warehouses
Property Details for 12845 Old Hwy
- Lot size
- 4.40 lot acres
- Property size
- 22,116 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a two-property warehouse portfolio totaling 22,116 square feet, strategically located in Winston-Salem, NC (12845 Old U.S. Hwy 52, 27107) and Columbus, GA (1783 Cusseta Rd, 31901). The portfolio is offered for sale with a 20-year absolute triple-net (NNN) lease in place, ensuring a stable and predictable income stream. The lease boasts a 100% occupancy rate with a reputable tenant specializing in the design, installation, testing, and maintenance of fire systems for commercial buildings, a recession-resistant industry. The tenant has made significant investments in machinery and equipment at both properties, demonstrating long-term commitment. The lease includes annual rent bumps of 2.5%, providing built-in growth potential. The asking price is $2,369,116, representing an attractive 8.21% capitalization rate ($194,584 NOI). The lease offers flexibility with renewal options including four, 5-year terms or two, 10-year terms. The combined lot size spans 4.4 acres. This sale-leaseback structure offers a compelling combination of immediate cash flow and long-term appreciation potential. The tenant's strong financial profile and the inherent stability of the industry make this a low-risk, high-reward investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winston-Salem
- County
- Davidson
- State
- North Carolina
- Longitude
- -80.2309
- Latitude
- 35.9919
