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390 Salem Ave WWinston-Salem, NC 27101
Healthcare Investment Opportunity | NNN Lease
Asset ClassHealthcare Facility
overview of deal

Overview

Flagship Healthcare Properties is pleased to present the opportunity to acquire a single tenant, NNN leased, medical outpatient building in Winston-Salem, North Carolina. This 9,712 SF, one-story medical building is leased to an affiliate of Novant Health, Inc. The property was constructed in 2007 for the current practice, Novant Health Gateway Family Medicine, who recently renewed it’s lease for five years. This property offers a Buyer a stabilized medical investment with a credit tenant (AA-S&P Global rating) who has demonstrated a long-term commitment to this facility and location.

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Investment Highlights

Cap Rate
6%
% Leased
100%

• Asking Price: $3,425,000

• Single tenant medical outpatient building

• Tenant’s Parent Company (Novant Health, Inc.) has a AA-Credit rating with S&P Global

• Located in Winston-Salem, NC, HQ. of Novant Health, Inc.

• 2026 NOI of $205,564, with 3% annual rent escalations

• Lease expiration of 3/31/30

• Less than 4 miles to Novant Health Forsyth Medical Center

390 Salem Ave WWinston-Salem, NC 27101
Novant Health Forsyth Medical Center
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Listing provided by Revere CRE