Your email has been sent.
NNN Corporate Quarles | High Point, NC 1210 Trinity Ave 2,894 SF Industrial Building High Point, NC 27260 $655,000 ($226.33/SF) 6.20% Cap Rate
Investment Highlights
- RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
- PART OF THE GREENSBORO-HIGH POINT MSA - NORTH CAROLINA'S 3RD LARGEST METRO
- PROVEN 25+ YEAR OPERATING HISTORY AT THIS SITE
Executive Summary
- The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials.
ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES
- The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord.
RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
- Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions.
PROVEN 25+ YEAR OPERATING HISTORY AT THIS SITE
- Quarles has continuously operated this fleet fueling location since 1999, demonstrating strong site-level performance and durable customer demand in an established industrial corridor along East Trinity Avenue in High Point.
PART OF THE GREENSBORO-HIGH POINT MSA - NORTH CAROLINA'S 3RD LARGEST METRO
- The metro is home to more than 200 furniture manufacturers and 12,000 manufacturing workers, and the High Point Market generates billions in annual economic impact for the region, driving consistent commercial and logistics traffic.
STRATEGIC PIEDMONT TRIAD LOCATION WITH MULTI-CITY DEMAND DRIVERS
- Sits between Greensboro (19 miles) and Winston-Salem (18 miles), with direct access to I-85 and I-40 — two of the Southeast's busiest freight corridors.
Property Facts
| Price | $655,000 | Building Class | C |
| Price Per SF | $226.33 | Lot Size | 1.35 AC |
| Sale Type | Investment NNN | Rentable Building Area | 2,894 SF |
| Cap Rate | 6.20% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1999 |
| Property Subtype | Service | Tenancy | Single |
| Zoning | HB | ||
| Price | $655,000 |
| Price Per SF | $226.33 |
| Sale Type | Investment NNN |
| Cap Rate | 6.20% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 1.35 AC |
| Rentable Building Area | 2,894 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Zoning | HB |
Amenities
- Bus Line
- Fenced Lot
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Wholesaler
- -
- -
- Triple Net
- Feb 2034
Since they first began as a single-truck family oil business in 1940, Quarles has worked to bring their clients the fuel they need, when they need it. But they also deliver something more than oil, gasoline or propane. They deliver quality. Delivering quality means identifying a fuel need before their customers notice. It means giving fleets more access to filling stations, and offering flexible payment plans that work with every budget. And, it means going the extra mile to provide exceptional service—even if that extra mile takes them to a remote location in the middle of a snowstorm. At Quarles, they are fueled by a desire to give their customers a better experience at every turn. They look forward to doing the same for you.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Wholesaler | - | - | Triple Net | Feb 2034 |
Property Taxes
| Parcel Number | 0195060 | Improvements Assessment | $45,600 |
| Land Assessment | $58,800 | Total Assessment | $104,400 |
Property Taxes
Contacts
-
David Hoppe -
Eric Suffoletto -
Mike Lucier -
Ben Olmstead -
Ben McCarter -
Connor Kuchman -
Atlantic Capital Partners
Presented by
NNN Corporate Quarles | High Point, NC | 1210 Trinity Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.