160 Kimel Forest Drive, Winston-Salem, North Carolina
CBRE Capital Markets is pleased to offer, on behalf of ownership, the opportunity for investors to acquire 160 Kimel Forest Drive, a 100% leased medical office asset located in one of Winston-Salem’s most established Class A Medical Office Parks. 160 Kimel Forest is a 22,719 sf asset leased to physician groups with long tenures in the building.
The property is located in Kimel Park, a Class A, master planned medical office development servicing the Winston-Salem medical community, anchored by major hospital systems Novant Health and Wake Forest Baptist Health. Kimel Park and surrounding medical office parks are fully developed and achieve consistently high occupancy rates, ensuring stability and rental rate protection for core medical office properties in the submarket.
- Located in an established, fully developed medical office park
- Proximity to medical services
- Novant Health
- Wake Forest Baptist Health
- Wake Forest Innovation Quarter
- Below replacement cost asset in Class A Medical Market
Medical Hub
Forsyth County is home to two of the region’s largest hospitals: Wake Forest University Baptist Medical Center and Novant Health Forsyth Medical Center, which also rank as the county’s two largest employers with well over 20,000 employees. Wake Forest University Baptist Medical Center specializes in many advanced medical care sectors and Novant Health Forsyth Medical Center is the region’s largest hospital providing comprehensive care.
Hanes Mall Boulevard Medical Submarket
Confidentiality Agreements
Marketing Contacts
Jonathan T. Smith, CCIM
Senior Vice President
CBRE|Triad | Capital Markets
101 CentrePort Drive, Suite 160
Greensboro, NC 27409
T +1 336 478 4404
jonathan.t.smith@cbre-triad.com
Neil Cornatzer
Senior Vice President
CBRE|Triad | Brokerage
101 CentrePort Drive, Suite 160
Greensboro, NC 27409
T +1 336 714 0391
neil.cornatzer@cbre-triad.com
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