• Broker Will Blackwell 3363451500

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

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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
  • General Retail Freestanding
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

  • Listing Website

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Reynolda Rd Woods Rd, SE 26,655 2023 0.15 mi
NC 67 (REYNOLDA RD) Woods Rd, SE 29,781 2024 0.15 mi
Reynolda Road Woods Rd, SE 26,788 2025 0.16 mi
Reynolda Road Briarcliff Rd, NW 27,963 2025 0.21 mi
Reynolda Rd NW Briarcliff Rd, NW 27,562 2024 0.23 mi
Fairlawn Dr Fairlawn Ct, W 12,024 2024 0.34 mi
Fairlawn Drive Fairlawn Ct, W 11,455 2025 0.35 mi
Silas Creek Pkwy Fairlawn Dr, S 29,565 2025 0.43 mi
Silas Creek Parkway Aria Dr, N 28,000 2023 0.43 mi
Silas Creek Pkwy Crowne Forest Dr, S 34,562 2024 0.49 mi
Walk Score®
Very Walkable (70)

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

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 28307429

  • Date on Market: 4/24/2023

  • Last Updated: 6/17/2025

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