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900 Old Winston Rd

4,701 SF Office Condo Unit Offered at $995,000 in Kernersville, NC 27284

Investment Highlights

  • Situated in Linville Professional Office Center, Kernersville’s top office park
  • Easy access to Business 40 and South Main Street
  • High-demand area with excellent potential for growth

Executive Summary

Located in the prestigious Linville Professional Office Center, Kernersville’s premier office park, this property offers exceptional convenience with direct access to Business 40 and South Main Street. Built in 2007, this office professional business center spans 18,142 square feet and features available signage, enhancing visibility and branding opportunities. With its strategic location in a high-demand area, the property presents significant investment potential and growth opportunities.

Property Facts

Price $995,000
Unit Size 4,701 SF
No. Units 1
Total Building Size 18,142 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 9,071 SF
Year Built 2007
Lot Size 0.21 AC
Parking Ratio 3.86/1,000 SF

1 Unit Available

Unit 220 - 322

Unit Size 4,701 SF
Price $995,000
Price Per SF $211.66
Condo Use Office
Sale Type Investment
Cap Rate 7.00%
NOI $69,650
No. Parking Spaces 70
Description

Located in Linville Professional Office Center, one of Kernersville’s premier office parks, this investment opportunity includes suites 220, 222, 320, and 322. Offering a total of 4,701 square feet, these suites are strategically positioned in the heart of the Carolina Core, with convenient access to Business 40 and South Main Street.

Sale Notes

The portfolio is available with a 7% cap rate and is currently under a 5-year lease with a credit tenant. The leases are structured as NN/Modified Gross, making this an outstanding opportunity for investors seeking a prime location off 421 and South Main Street.

Amenities

  • Signage
  • Central Heating
  • Natural Light
  • Air Conditioning

zoning

Zoning Code Office (Office, Professional Business Center,)
Office (Office, Professional Business Center,)
  • Listing ID: 32730839

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 900 Old Winston Rd, Kernersville, NC 27284

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