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    OFF-MARKET
    Specialty properties

    2600 Reynolda Rd, Winston Salem, NC 27106-3817

    2,726 SF 0.67 ac lot Built 1984
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US53-5786650
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 2,700 square foot, single-story veterinary clinic located at 2600 Reynolda Road, Winston-Salem, NC 27106. Built in 1984 and renovated in 2004, the property sits on a 0.67-acre lot (APN 6817-71-8233) and boasts a highly desirable LO zoning designation. Currently 100% leased to a reputable veterinary practice with 56 locations and a strong growth trajectory, the lease features seven years remaining with 2.5% annual rent increases and three 5-year renewal options. This translates to a compelling 7% cap rate on the $1,300,000 asking price. The property enjoys a high-profile corner location with nearly 30,000 vehicles passing daily, and its proximity to Wake Forest University further enhances its desirability. Landlord responsibilities are limited to structural elements such as load-bearing walls, supports, foundation, and exterior walls. This turnkey investment offers a stable income stream and significant long-term potential in a prime Winston-Salem location.

    Property profile
    Verified
    Property type Specialty properties
    Use group VETERINARY, ANIMAL HOSPITAL
    Year built 1984
    Construction BRICK
    Total area 2,726 SF
    Lot 0.67 ac (29,185 SF)
    Zoning code LO
    APN 6817-71-8233.00
    UPID US53-5786650
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Reynolda Veterinary Hospital: Collins Emily DVM Veterinary Clinic
    • Reynolda Veterinary Hospital Veterinary Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Constantina Hondos · 1 yrs held
    Constantina Hondos
    since 2024
    Last sale
    $1.3M
    4 recorded transactions
    2024
    $1.3M
    2004
    $575,000
    2004
    1969
    Zoning & alternative use
    LO · Winston Salem, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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