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7840 North Point Blvd
Winston-Salem, NC 27106

USPS Anchored Center · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Freestanding
  • General Retail Storefront
Building Class B
Lot Size 11.93 AC
Rentable Building Area 104,000 SF
No. Stories 1
Year Built 1980
Parking Ratio 3.65/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 1

Amenities

  • Bus Line
  • Metro/Subway
  • Signage

About 7840 North Point Blvd , Winston-Salem, NC 27106

Marcus & Millichap is pleased to present this 104,386-square foot retail asset in Winston-Salem, North Carolina, the state’s fifth largest city. Tenants include United States Postal Service, Airbound Trampoline Park, and Awakened Church. Tenants are operating under double-net (NN) leases, fully reimbursing for real estate taxes, insurance, and common area maintenance. The anchor tenant, United States Postal Service, has been operating at this location since July 1997, and has demonstrated their commitment to the site by exercising their first five-year extension option early. Occupying a total of 50,254 square feet, United States Postal Service benefits from the space’s unique shape, allowing the tenant to utilize the space as both a distribution facility and a vehicle maintenance center. Airbound Trampoline Park occupies 28,600 square feet and Awakened Church occupies 17,813 square feet. The 40-foot by 50-foot bays found in this building are a mission critical component to Airbound’s ability to operate out of this space. Both Airbound and Awake Church invested approximately $1,000,000 in their build out. Airbound’s rent will increase by 100% in 2019. The outparcel to this site is currently being developed. This three million dollar project will deliver a brand new District One police station to the Winston-Salem community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6827-36-3741
Land Assessment
$4,826,185
Improvements Assessment
$2,097,792
Total Assessment
$6,923,976

zoning

Zoning Code GB
GB
  • Listing ID: 9840159

  • Date on Market: 2017-11-02

  • Last Updated:

  • Address: 7840 North Point Blvd, Winston-Salem, NC 27106

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