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720 W Fifth St

3,448 SF of Office Space Available in Winston-Salem, NC 27101

Highlights

  • Excellent Downtown Location
  • Potential for Dedicated Entrance
  • Surface Parking
  • Flexible Floorplan

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Ceiling
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 3,448 SF
  • 16 ft
  • Negotiable
  • £14.96 /SF/PA £1.25 /SF/MO £161.02 /m²/PA £13.42 /m²/MO £51,579 /PA £4,298 /MO
  • Full Service Gross
Space Use
Office
Condition
Full Build-Out
Availability
Now

Excellent opportunity to lease office space in downtown Winston-Salem with easily accessible surface parking. The modern remodel makes this property very unique and desirable. This property is well located with high visibility to those traveling both to and from downtown.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 16 ft
  • Space is in Excellent Condition
Space Size Ceiling Term Rent Service Type
1st Floor 3,448 SF 16 ft Negotiable £14.96 /SF/PA £1.25 /SF/MO £161.02 /m²/PA £13.42 /m²/MO £51,579 /PA £4,298 /MO Full Service Gross

1st Floor

Size
3,448 SF
Ceiling
16 ft
Term
Negotiable
Rent
£14.96 /SF/PA £1.25 /SF/MO £161.02 /m²/PA £13.42 /m²/MO £51,579 /PA £4,298 /MO
Service Type
Full Service Gross
Space Use
Office
Condition
Full Build-Out
Availability
Now

Excellent opportunity to lease office space in downtown Winston-Salem with easily accessible surface parking. The modern remodel makes this property very unique and desirable. This property is well located with high visibility to those traveling both to and from downtown.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 16 ft
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 720 W Fifth St , Winston-Salem, NC 27101

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Internal Area 8,370 SF
Year Built/Renovated 1964/2006
Parking Ratio 2.39/1,000 SF

Attachments

720 W 5th St V2
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30699345

  • Date on Market: 19/01/2024

  • Last Updated:

  • Address: 720 W Fifth St, Winston-Salem, NC 27101

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