- For Sale $4,750,000
- Property Type Office - Medical Office
- Property Size 21,900 SF
- Lot Size 1.98 Acre
- Cap Rate % 6.9
- NOI / YR $341,509.00
- # of Floors 2
- Parking Spaces Avail. 113
- Parking Ratio 5.16 / 1,000 SF
- Building Class B
- Year Built 1987
- Year Renovated 2020
- Date Updated Aug 11, 2026
Description
This two-story medical office building offers 20,408 SF of leasable space within a 21,900 SF gross building area on an approximately 2-acre site with 113 parking spaces. Built in 1987, the property is fully leased to four medical tenants, providing stable in-place income. Ideally located near Novant Medical Center and Atrium Wake Forest Baptist Health, the asset benefits from strong healthcare demand. The property generates an NOI of $342,336.39, reflecting a 6.9% cap rate. Contact the broker to receive the full Offering Memorandum, including detailed income and expense information.
20,408 leaseable sq; 21,900 SF of gross building area
Built in 1987; renovated in 2020 and 2023
Approximately 2 acre site with 113 parking spaces
Two-story medical building; fully leased with 4 tenants
Close to novant medical center & atrium wake Forest baptist health
NOI: $342,336.39
Cap rate: 6.9%
Contact broker for an offering memorandum with income and expenses
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Contacts
Christopher Commercial
Location
Located at 730 Highland Oaks Dr, Winston Salem, NC 27103, this property is part of the Atwood Acres neighborhood and Winston Salem Greensboro market.
Christopher Commercial
