For Sale
$1,300,000

2600 Reynolda RdWinston-Salem, NC 27106

High-yield, 100% leased veterinary clinic.

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • $1,300,000 asking price for this Winston-Salem, NC investment property.
  • 2,700 square foot building on a 0.67-acre lot, with a 7% cap rate.
  • 100% leased to a high-credit veterinary tenant with a long-term lease (7 years remaining with options).
  • Located on a high-visibility corner with strong traffic counts (nearly 30,000 vehicles per day), near Wake Forest University.
  • Built in 1984, renovated in 2004; single-story building.

Property Details for 2600 Reynolda Rd

Property type
Specialty properties, Retail properties
Square Feet
2,700 SF
Year Built/Renovated
1984/2004
Buildings
1
Stories
1
Lot Size (sq. ft)
29,185 SF

Location Insight

City
Winston-Salem
County
Forsyth
State
North Carolina
Latitude
36.1368934
Longitude
-80.2941339
2600 Reynolda Rd, Winston-Salem, North Carolina

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2600 Reynolda Rd
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