301 Main StWinston-Salem, NC 27101

  • Office properties
  • 720,900 SF
For Lease
$14.75/SF/YR View listing

Property Details for 301 Main St

Year built
1966
Construction
STEEL FRAME
Lot size
0.86 AC
Property size (Sq ft)
720,900 SF
Zone code
CB WO
Property type
Office properties
Property subtype
Other office properties
APN
6835-26-6925.00
APU
683526692500

Description

This prestigious 28-story, 425,741 square foot Truliant Tower, located at 301 N Main St, Winston-Salem, NC 27101, offers a unique opportunity for businesses seeking prime office space in Forsyth County. Originally built in 1966 and extensively renovated in 2003 with further energy-saving upgrades in 2022, the building boasts a sleek, secure lobby and stunning floor-to-ceiling views of downtown Winston-Salem. The property features a variety of spaces including traditional office, executive office, coworking, medical office, and creative office options, as well as retail opportunities. Currently, 30,100 square feet of space is available for lease. The building includes multiple tenants and offers convenient access to major highway corridors. Its strategic location is adjacent to the Innovation Quarter, a thriving hub of technology, science, and business, featuring over 1,000 apartments, 1,800 higher-education students, and 20 miles of greenway. The building also features a garage with ample parking and elevators for convenient access to all floors. This iconic landmark presents a rare chance to establish a presence in a dynamic and rapidly growing area. The building's history as Wachovia's corporate headquarters and its recent transformation under Truliant's ownership underscore its enduring appeal and prime location within the Winston-Salem business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $79,091,192
    6.5%
    $73,007,256
    7%
    $67,792,448
  • Comparable approach

    Method
    Valuation
    Relative Method
    $91,505,968
    Geo Method
    $122,077,208
  • Alternative Use

    Use
    Valuation
    Residential
    $90,529,000
    Hospitality
    $82,924,072
    Educational
    $68,991,856
    Medical
    $71,364,592
    Retail
    $107,320,664
301 Main St, Winston-Salem, North Carolina

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.0982
Longitude
-80.2436
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$180,401
$1,030,200
$10,008,100
$11,038,300
-
$1,030,200
$10,008,100
$11,038,300

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