Overview
- Updated On:
- June 17, 2025
Description
- Prime Investment Opportunity | Multi-Tenant Retail/Showroom Condo in High Point, NC
- Rare Opportunity to Acquire the Ground Floor of a Future High-Quality Hotel Redevelopment
- 2023 Roof Replacement | 10-Year Workmanship & 20-Year Materials Warranties
- Strong Tenancy Including Karat Home (Z Gallerie) & The Phillips Collection | All Leases Feature 3% Annual Escalations
- Upside Opportunity by Leasing the Basement Showroom | Three Retail Access Points with Dual Street Exposure
- Located in the Heart of High Point’s Market District | Furniture Capital of the World
- In Between the 3.5M SF International Home Furnishings Center Owned by Blackstone & the 400,000+ SF Showplace Center
- The High Point Market is a Semi-Annual Event that Generates Over $6.7 Billion in Annual Economic Impact
- Less than 1 Mile from the High Point Medical Center (350+ Beds)
- 1.5 Miles from High Point University (6,300+ Students) & In Close Proximity to the $400 Million Expansion
Property Id: 20979
Price: $ 11,950,000
Cap Rate: 7.83%
Building Size: 46,469
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