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INVESTMENT HIGHLIGHTS
- Fully Leased Retail Asset 6,888 SF neighborhood retail strip center delivering immediate, stable cash flow with 100% occupancy.
- Attractive In-Place Income Generates an NOI of $106,449.86, offering a reliable return with minimal near-term capital needs.
- High Point University
- Strong & Diverse Tenant Mix Anchored by established operators—California Burrito, Raptures Hair Salon, and Santorini Restaurant—providing income
- High-Traffic Corner Location
EXECUTIVE SUMMARY
Fully Leased 6,888 SF Retail Investment Property – Strong Tenants & Expansion Potential
2107 Kirkwood Street | High Point, NC 27262
This 6,888 SF fully leased retail center offers investors immediate, stable cash flow supported by a proven tenant mix and a high-traffic, high-visibility corner location. Situated on a prominent outparcel site, the property also includes room for future expansion or redevelopment, creating an appealing mix of current income and long-term upside.
Renovated extensively in 2016, the center received a new roof, HVAC systems, updated plumbing, and upgraded electrical, minimizing near-term capital expenditures and increasing operational reliability.
Investment Highlights:
6,888± SF fully leased retail center
Listing Price: $2,650,000
Current NOI: $106,449.86
Located at a high-traffic corner with outstanding visibility
Expansion opportunity with a former development pad & outparcel
Comprehensive 2016 renovation (roof, HVAC, plumbing, electrical)
Surrounded by established residential neighborhoods and steady daily traffic
Low-maintenance asset ideal for long-term hold strategies
Tenant Mix (All Established Operators):
*California Burrito
*Raptures Hair Salon
*Santorini Restaurant
These tenants provide diversified income streams across food, personal services, and restaurant categories—adding stability and resilience to the investment profile.
Why Investors Like This Asset
1. Strong in-place income from reliable tenants
2. Minimal short-term CapEx due to full renovation
3. Prime corner retail positioning
4, Built-in growth potential via expansion or redevelopment
5. Ideal for investors seeking cash flow today with future upside tomorrow
2107 Kirkwood Street | High Point, NC 27262
This 6,888 SF fully leased retail center offers investors immediate, stable cash flow supported by a proven tenant mix and a high-traffic, high-visibility corner location. Situated on a prominent outparcel site, the property also includes room for future expansion or redevelopment, creating an appealing mix of current income and long-term upside.
Renovated extensively in 2016, the center received a new roof, HVAC systems, updated plumbing, and upgraded electrical, minimizing near-term capital expenditures and increasing operational reliability.
Investment Highlights:
6,888± SF fully leased retail center
Listing Price: $2,650,000
Current NOI: $106,449.86
Located at a high-traffic corner with outstanding visibility
Expansion opportunity with a former development pad & outparcel
Comprehensive 2016 renovation (roof, HVAC, plumbing, electrical)
Surrounded by established residential neighborhoods and steady daily traffic
Low-maintenance asset ideal for long-term hold strategies
Tenant Mix (All Established Operators):
*California Burrito
*Raptures Hair Salon
*Santorini Restaurant
These tenants provide diversified income streams across food, personal services, and restaurant categories—adding stability and resilience to the investment profile.
Why Investors Like This Asset
1. Strong in-place income from reliable tenants
2. Minimal short-term CapEx due to full renovation
3. Prime corner retail positioning
4, Built-in growth potential via expansion or redevelopment
5. Ideal for investors seeking cash flow today with future upside tomorrow
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,888 SF
Building Class
C
Year Built
1973
Price
$2,650,000
Price Per SF
$384.73
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.77 AC
Zoning
CGB - Commercial Business
Parking
50 Spaces (7.26 Spaces per 1,000 SF Leased)
Frontage
269’ on Kirkwood
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0199847 | Improvements Assessment | $287,000 |
| Land Assessment | $839,800 | Total Assessment | $1,126,800 |
PROPERTY TAXES
Parcel Number
0199847
Land Assessment
$839,800
Improvements Assessment
$287,000
Total Assessment
$1,126,800
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2107 Kirkwood St
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