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7843 North Point Blvd.

7843 North Point Blvd. Winston-Salem NC 27106

  • Available SF
    4,973
  • Price
    $1,200,000
  • Acres
    1.08

Great investment opportunity! Operating restaurant on ±1.08 acres. Tenant is in year one of a 5-year lease. Restaurant is ±4,973 SF with 150-person capacity and parking lot with 82 spaces. After initial term of lease, equipment will be owned by tenant and cap rate will decrease to 7.30% Located north of downtown Winston-Salem and near Wake Forest University.

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Details

Property Information

  • Property Type
    Retail
  • Available SF
    4,973
  • Year Built
    1983
  • Acres
    1.08

Tax Information

  • Zoning
    GB
  • Tax PIN
    6827-35-4986

Pricing & Terms

  • Price
    $1,200,000
  • NOI
    $98,400
  • Cap Rate (Actual)
    8.20%
  • Comments
    Great investment opportunity! Operating restaurant on ±1.08 acres. Tenant is in year one of a 5-year lease. Restaurant is ±4,973 SF with 150-person capacity and parking lot with 82 spaces. After initial term of lease, equipment will be owned by tenant and cap rate will decrease to 7.30% Located north of downtown Winston-Salem and near Wake Forest University.

Property Documents

Aerial Map