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206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336.724.1715 · LTPCOMMERCIAL.COM 702 West Main Street JAMESTOWN, NC 27282 INVESTMENT OPPORTUNITY FOR SALE LEARN MORE ABOUT THIS PROPERTY Take advantage of this opportunity to purchase this 6,115sf office/retail building in Jamestown, NC. This property is conveniently located in close proximity to I-85, downtown Jamestown, Guilford Tech, and High Point Lake. Jason Bush E [email protected] M 336.486.7093 P 336.724.1715
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JAMESTOWN, NC 27282 - LoopNet

Apr 08, 2022

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Page 1: JAMESTOWN, NC 27282 - LoopNet

206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM

702 West Main StreetJAMESTOWN, NC 27282

INVESTMENT OPPORTUNITY FOR SALE

LEARN MORE ABOUT THIS PROPERTY

Take advantage of this opportunity to purchase this 6,115sf office/retail building in Jamestown, NC. This property is conveniently located in close proximity to I-85, downtown Jamestown, Guilford Tech, and High Point Lake.

Jason Bush

E [email protected] 336.486.7093P 336.724.1715

Page 2: JAMESTOWN, NC 27282 - LoopNet

206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM

FOR SALE

702 West Main StreetJAMESTOWN, NC 27282

INVESTMENT OPPORTUNITY

PRICING ANALYSIS

Annual Rent Increases Opportunity for increases with all existing Tenants

Lease Type Landlord pays property taxes, insurance, water, sewer, and trash

Building Summary

Retail/office investment opportunity. This building is divided into six (6) separate units. Several of the tenants have been in place for 7+ years with opportunity for rent increases. Each tenant pay their own utilities. Owner provides water, sewer, trash, lawn maintenance, alarm maintenance. All units have sepa-rate alarm systems with individual monitoring available. New 35 year roof installed in 2013. Exterior LED security lighting. 23 surface parking spaces. All bathrooms are ADA compliant.

Sales Price $630,000

Cap Rate 7.8%

Page 3: JAMESTOWN, NC 27282 - LoopNet

206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM

FOR SALE

Jason [email protected]

5 MILE DEMOGRAPHICS

24± ACRES FOR SALE

Jason [email protected]

702 West Main StreetJAMESTOWN, NC 27282

INVESTMENT OPPORTUNITY

5 MILE DEMOGRAPHICS

Page 4: JAMESTOWN, NC 27282 - LoopNet

206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM

FOR SALE

702 West Main StreetJAMESTOWN, NC 27282

INVESTMENT OPPORTUNITY

OPERATING INCOME

Estimate Lease Revenues (YEAR 1) $57,000

Estimated Annual Expenses $9,000

NOI (YEAR 1) $48,0000

• 6,115sf office/retail building

• Sales Price: $630,000

• Price PSF: $102.36

• Cap Rate: 7.8%

The information contained herein has been taken from sources deemed to be reliable. Linville Team Partners makes no representation or warranties, expressed or implied, as to the accuracy of this information. All information in this document is subject to verification prior to purchase or lease.