6038 UNIVERSITY PKWY

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6038 UNIVERSITY PKWY

WINSTON-SALEM, NC 27105
Asking Price
$5.17M
Cap Rate
5%
Asset Type
Auto Shop Retail
Class
Class B

What's Special

New 15 Yr NNN Corp Lease w/ Rent Bumps <p><strong style="color: rgba(10, 10, 10, 1)">DENSE RETAIL POCKET ACROSS FROM A TOP PERFORMING WALMART & LOWE’S HOME IMPROVEMENT</strong></p><p><span style="color: rgba(10, 10, 10, 1)">• This Firestone is located in the center of a dense retail pocket surrounded by over 5M square feet of retail including Walmart, Sams Club, Lowe’s Home Improvement, Home Depot, Target, and more.</span></p><p><span style="color: rgba(10, 10, 10, 1)">• The Walmart Supercenter and Lowe’s Home Improvement across from

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NOI
$80,000
Cap Rate
1.55%
DSCR
0.26
Underwater
Cash-on-Cash
-14.63%
Monthly Payment
$25,573.392
Annual Cash Flow
$-226,880.7

Location & Travel Times