INVESTMENT SUMMARY
| Address | 1450 Professional Park Drive, Winston-Salem, NC 27103 |
| Rentable Square Footage | 18,300 |
| Year Built | 2010 |
| Acres | 3.42 acres |
| Percent Occupied | 100% |
| Tenants | The Skin Surgery Center: 12,934 SF
Wake Forest Baptist Health: 5,366 SF |
Holiday Fenoglio Fowler, L.P a North Carolina licensed real estate broker, has been retained as the exclusive sales representative for Vest Mill Medical Office Building. Vest Mill Medical Office Building (“the Property”) is a two-story Class A Medical Office facility totalling 18,300 SF situated on approximately 3.42 acres in Winston-Salem, NC. The Property is located less than two miles from Wake Forest Baptist Medical Center and provides convenient access to high-end residential neighbourhoods and numerous nearby amenities. As a whole, Winston-Salem maintains a diverse, thriving economy, bolstered by a 4.1% unemployment rate, burgeoning health care and financial sector and a well-educated work force. Benefiting from these strong market dynamics, Vest Mill is currently 100% leased with a strong, well-anchored tenant base consisting of the The Skin Surgery Center, a subsidiary and partner of QualDerm Partners, LLC, and Wake Forest University Baptist Health System. The Offering represents a unique opportunity to purchase a stabilized asset on a net leased basis with more than six years of combined average weighted remaining lease term, providing additional security to prospective investors.
Investment Advisors
| Zack Drozda Director 704.526.2812 zdrozda@hfflp.com |
Anthony Frogameni Director 407.745.3913 afrogameni@hfflp.com |
Andrew Milne Director 859.812.2370 amilne@hfflp.com |
| Ryan Clutter Sr Managing Director 704-526.2805 rclutter@hfflp.com |
Evan Kovac Managing Director 206.576.0033 ekovac@hfflp.com |
Ben Appel Senior Director 484.532.4214 bappel@hfflp.com |
Analyst
| William Mann Real Estate Analyst 704.526.2843 Wmann@hfflp.com |
Debt + Structured Finance
| Travis Anderson Senior Managing Director 704.526.2806 tanderson@hfflp.com |
Brent Bowman Senior Director 704.526.2827 bbowman@hfflp.com |
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