Trenwest Plaza
$1,650,000
3068 Trenwest Drive, Winston-Salem, NC 27103
For Sale
Retail
Strip Center
Active
Last Updated: 11/05/2026
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.
Documents:
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Donnaha_Properties_LLC_2026_Rent_Roll_.pdf
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Donnaha_Properties_OM_3068_Trenwest_3.pdf
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Location
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