2600 N Main St | High Point, NC 27265
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- LoopNet Team
2600 N Main St
High Point, NC 27265
Lowe's · Retail Property For Sale
Investment Highlights
- NET-LEASED LOWE’S (S&P BBB+) | 5 YEARS REMAINING | MINIMAL LANDLORD RESPONSIBILITIES | LOW-RISK INVESTMENT
- LOWE’S (S&P BBB) CORPORATE GUARANTEE | FORTUNE 500 COMPANY | 7,900 LOCATIONS | $73.79B REVENUE
- BELOW MARKET RENT AT $6 PER SQUARE FOOT | STRONG AND GROWING DEMOS | 109k PEOPLE IN 5-MILE RADIUS
- 135,357-SQUARE FEET | SITUATED ON NEARLY 14 ACRES | (6) 5-YEAR OPTIONS | 5% INCREASES EACH 5-YEAR PERIOD
- LOWE’S AT SITE SINCE 1992 | 30+ YEAR OCCUPANCY | FEE SIMPLE ASSET | OFFERED FREE & CLEAR OF DEBT
- $69K AVERAGE HOUSEHOLD INCOME | ABOVE NATIONAL AVERAGE | LIMITED COMPETITION | ONLY LOWE’S IN CITY SERVING AREA
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
125,357 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.21
Lot Size
13.89 AC
Zoning
CSC - Commercial Zoned District
Parking
635 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
639 FT on N Main St
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0197799 | Improvements Assessment | $4,804,800 |
| Land Assessment | $7,056,700 | Total Assessment | $11,861,500 |
PROPERTY TAXES
Parcel Number
0197799
Land Assessment
$7,056,700
Improvements Assessment
$4,804,800
Total Assessment
$11,861,500
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