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Furniture Showroom Just Reduced 142 S Main St 15,230 SF 100% Leased Retail Building High Point, NC 27260 $1,999,000 ($131.25/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Visibility

EXECUTIVE SUMMARY

Furniture showroom. Prime main street location beside plaza parking and "center" theater showroom. 1st floor is 6850 SF, 2nd floor is 6480 SF. Basement is 1900 SF. Superb storage from exposure. Across the street from Radisson Hoten

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,230 SF
Building Class
B
Year Built/Renovated
1901/2000
Price
$1,999,000
Price Per SF
$131.25
Cap Rate
9%
NOI
$179,910
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
1.29
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
CB - CENTRAL BUSINESS
Frontage
48’ on S Main St

AMENITIES

  • Bus Line
  • Signage
  • Accent Lighting
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • MULTI TENANTS
  • -
  • 99,999 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
MULTI TENANTS - 99,999 SF - -

NEARBY MAJOR RETAILERS

Bank of America
Truist
First Citizens Bank
Pinnacle Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0171393
Land Assessment
$373,700
Improvements Assessment
$770,200
Total Assessment
$1,143,900
  • Listing ID: 31281477

  • Date on Market: 3/20/2024

  • Last Updated:

  • Address: 142 S Main St, High Point, NC 27260

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