Trenwest Plaza

$1,650,000

3068 Trenwest Drive, Winston-Salem, NC 27103

Active
Last Updated: 10/31/2026

100,123

NOI

7,068 sqft

Building Size

Details:
NOI:    $100,123
Building Size:    7,068 sqft
Lot Area:    0.57 acres
Occupancy:    100%
Class:    B
Lease Type:    Modified Gross
Year Built:    1968
Zoning:    HB
Tenancy:    Multiple
Seller Financing:    No
Opportunity Zone:    No
Parking Spots:    40
Gross Leaseable Area:    7,068
Leed Certitified:    No
Highlights:
  • Close to Forsyth Hospital
  • Fully Leased
  • 10% Increase every 2 years on the leases.
  • Great condition.
Description:

Prime investment at 3068 Trenwest Drive, Winston-Salem, NC 27103, steps from the Novant Health medical campus. This 7-unit neighborhood retail center is offered at $1,650,000, a 6.10% pro forma cap rate on $100,568 NOI. Six of seven spaces are leased to service tenants (salon, nail, beauty, jewelry, nutrition, bakery) that drive steady traffic and resist e-commerce. Leases carry 10% rent increases every 2 years, and a pending double-unit lease lifts gross rent 36% to $121,686. Lean expenses, city water/sewer. Ideal 1031 exchange.

Map:
Documents:
Title
Donnaha_Properties_LLC_2026_Rent_Roll_.pdf
Donnaha_Properties_OM_3068_Trenwest_3.pdf
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Location
Gallery