Shopping Strip
North Main Center (Value-Add)
1600 N Main St, High Point, NC 27262
Listing Price: $2,100,000
Cap Rate
3.43%
Gross SF
16,675
Rentable SF
16,675
Price/Gross SF
$125.94
Lot Size
1.02 acres
Year Built
1977
Investment Overview
Marcus & Millichap is pleased to present for sale North Main Center located in High Point, NC.
North Main Center (Value-Add)
Investment Highlights
- 16,675 SF Multi-Tenant Retail Center | 49 Parking Space
- Four (4) Tenants | Five (5) Suites | Average Suite Size: 3,335 Square Feet
- Short Leases Allow for Reposition Opportunity
- Adjacent to High Point University Satellite Building (HPU: 6,300+ Enrollment)
- Desirable Infill Location | High Visibility on N Main St with 23,000+/- VPD
- MS-B Zoning | Allows for Wide Variety of Uses
- 1.5 Miles (5-Minute Drive) to Downtown High Point and High Point University
- Dense Demographics: More Than 62,000 Population in 3-Mile Radius
Listing Price: $2,100,000
Cap Rate
3.43%
Gross SF
16,675
Rentable SF
16,675
Price/Gross SF
$125.94
Lot Size
1.02 acres
Year Built
1977
Investment Highlights
- 16,675 SF Multi-Tenant Retail Center | 49 Parking Space
- Four (4) Tenants | Five (5) Suites | Average Suite Size: 3,335 Square Feet
- Short Leases Allow for Reposition Opportunity
- Adjacent to High Point University Satellite Building (HPU: 6,300+ Enrollment)
- Desirable Infill Location | High Visibility on N Main St with 23,000+/- VPD
- MS-B Zoning | Allows for Wide Variety of Uses
- 1.5 Miles (5-Minute Drive) to Downtown High Point and High Point University
- Dense Demographics: More Than 62,000 Population in 3-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present for sale North Main Center located in High Point, NC.
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