102 W. 3rd Street

Investment Overview

Linville Team Partners, on behalf of the ownership, is pleased to exclusively offer the opportunity to purchase the Liberty Plaza Office Building (the Property), a potential OPPORTUNITY ZONE INVESTMENT located in the City of Arts and Innovation, Winston-Salem, North Carolina. With a growing 76% occupancy, the Property consists of a fourteen-story office building located at 102 West Third Street, totaling approximately 203,896 rentable square feet. The improvements were built in 1973 and are situated on approximately 2.49 acres of land in the urban core. The subject also includes an adjoining parking deck containing 652 parking spaces. Liberty Plaza Office Building is located in the Central Business District, which is the single largest employment center in the Piedmont Triad region. The major office area is home to several distinct subareas: government, corporate, health & technology, arts & innovation, specifically Innovation Quarter, with more than $2.1 Million developed square feet of retail, office, and medical. The growth of Innovation Quarter has seen an accompanying boom in the number of ancillary businesses moving into the rest of the downtown community. Its growth in the health and life sciences fields have resulted in a great deal of investment in our downtown, including Atrium Health’s pledge of $600 Million for research to take place primarily in Winston’s downtown. The impact of this investment and growth cannot be overstated and make this a prime opportunity to invest in our growing community.

Investment Highlights

• Growing occupancy of 76%
• Fourteen-story office building
• 203,896 rentable square feet
• Recent invest of $2MM in CAPEX
• Enhanced submarket in downtown Winston-Salem, adjacent to core NC Biomedical hub & Innovation Quarter