Share This Listing

Please enter your first name
Please enter your last name
Please enter a valid email address
Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

962 characters remaining

We will automatically send your friend a one-time email inviting them to visit this listing. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of the referral program. (Terms of Use)

thank you

Your email has been sent.

2825 Reynolda Rd 29,839 SF 100% Leased Retail Building Winston-Salem, NC 27106 $5,205,000 ($174.44/SF) 6.90% Cap Rate

INVESTMENT HIGHLIGHTS

  • Tenant: Fuel Fitness
  • 15-Year Absolute NNN Lease

EXECUTIVE SUMMARY

The Fuel Fitness property is an exciting investment sale opportunity in a well-positioned area of the Triad with strong demographics. With locations in Durham, Mooresville, Wilmington, Wilson, and Winston-Salem, Fuel Fitness has established its brand as the “up and coming” regional fitness destination in North Carolina. This investment is structured with an Absolute Net Lease with the tenant paying all maintenance, repairs, and service expenses throughout the life of the lease. The facility has adequate parking (170 spaces) with overflow spaces available at the adjacent Harris Teeter grocery store.

ATTACHMENTS

2825-Reynolda-Road-OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
29,839 SF
Building Class
C
Year Built
1972
Price
$5,205,000
Price Per SF
$174.44
Cap Rate
6.90%
NOI
$359,145
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
2.23 AC
Zoning
HB

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Fuel Fitness
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Fuel Fitness Arts, Entertainment, and Recreation - - -

LINKS

1 of 1
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Starbucks
Harris Teeter
Lowes Foods
First Horizon Bank
Truist
East Coast Wings & Grill
Cook Out
Planet Fitness
Lidl
Food Lion

PROPERTY TAXES

Parcel Number 6817-64-7328 Improvements Assessment $1,606,900
Land Assessment $708,100 Total Assessment $2,315,000

PROPERTY TAXES

Parcel Number
6817-64-7328
Land Assessment
$708,100
Improvements Assessment
$1,606,900
Total Assessment
$2,315,000
(336) 345-1500

CONTACT

  • Will Blackwell
    Will Blackwell

  • Listing ID: 28307429

  • Date on Market: 4/24/2023

  • Last Updated:

  • Address: 2825 Reynolda Rd, Winston-Salem, NC 27106

1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1/16
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 1 of 16
Primary Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 2 of 16
20230411_160816 copy
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 3 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 4 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 5 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 6 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 7 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 8 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Interior Photo- Image 9 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 10 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Interior Photo- Image 11 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Interior Photo- Image 12 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Interior Photo- Image 13 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Interior Photo- Image 14 of 16
Building Photo
2825 Reynolda Rd, Winston-Salem, NC for sale Building Photo- Image 15 of 16
Building Photo

1 of 1
Powered by LoopNet
You are being redirected to complete the bid registration process.
2825 Reynolda Rd
(336) 345-1500 x

2825 Reynolda Rd

Will Blackwell
(336) 345-1500

First Name*

Last Name*

Email*

Please enter an email address.

Phone*

Ext (optional)

Company (optional)

Message*

Please leave a message.

{{getContactFormMessageFieldCharacterCount()}} out of 600

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.

Share Link