Verizon, Winston-Salem, NC

1990 South Stratford Road
Winston-Salem, NC 27103

PROPERTY SOLD

Property: Investment Sales

Price: $2,600,000

Cap Rate: Call

Description:

  • Located in the Hanes Mall trade area about 10 miles southwest of downtown
  • The Hanes Mall trade area has a population draw of nearly 900,000 residents
  • Property consists of a 4,900 SF retail store positioned on a 0.46 acre parcel
  • Verizon signed a brand new 10 year lease that commenced in May 2012
  • The transaction closed escrow in June 2012 for approximately $2.60 million
  • The leveraged buyer was a private investment group out of Virginia

Verizon, Winston-Salem, NC

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Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com