Value Add Industrial - Winston Salem
Value Add Industrial Distribution Deal - Current In Place Income with Upside Potential
Marketing description
Magna Carta Investment Group is Pleased to Exclusively Offer For Sale the 114,573 SF Value-Add Industrial Building Located at 315 Cassell Street in Winston-Salem, NC. This Deal is located 1.2 miles from I-40 and .5 miles from I-285.
Investment highlights
Prime Location - 1.2 Miles from I-40 & 0.5 Miles from I-285
Below Replacement Cost - Priced at $54.54 the asset is well below warehouse/distribution replacement cost
Current Income & Value Add - The in-place lease provides for a cash flowing assets while renegotiating with the current tenant or finding a new tenant
Pro Forma 10.08% Cap Rate - Market Rents range from $5-$7/SF. Leasing the building at $5.50/SF provides for significant upside
Flexible Lease Term - Owner User has the opportunity to remove the current tenant with a 90-day notice
Dock High Doors 10
Loading Docks 10
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
