2107 Kirkwood St 6,888 SF 100% Leased Retail Building High Point, NC 27262 $2,650,000 ($384.73/SF) 4.71% Cap Rate

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: $124,683.61
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