4112 Brian Jordan Pl
High Point, NC 27265
Palladium at Deep River · Retail Property For Sale

Palladium at Deep River Shops is a 9,100 SF newly delivered street retail asset in High Point, NC. Built in 2015, this 100% leased asset offers investors a yield driven investment requiring little to no capital expenditure. The asset is composed entirely of seasoned service-oriented tenants featuring Salsarita’s, Uncle Maddio’s Pizza, Envy Nail Spa, and SportClips. This retail center sits along West Wendover Ave (38,000 VPD) directly in front of Palladium at Deep River, a retail shopping center comprised of 425,000 SF. With 75% of the current tenants’ leases containing contractual rent escalations beginning in year two, an investor can add an additional $24K to NOI. Key economic drivers, High Point University (5,200 students) and Piedmont Corporate Park are located five miles from the asset.