Lowe's

2600 N Main Street High Point, NC 27265

FOR SALE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Last Verified:
Sep 21, 2022

Highlights

  • NET-LEASED LOWE’S (S&P BBB+) | 5 YEARS REMAINING
  • MINIMAL LANDLORD RESPONSIBILITIES | LOW-RISK INVESTMENT
  • 135,357-SQUARE FEET | SITUATED ON NEARLY 14 ACRES
  • (6) 5-YEAR OPTIONS | 5% INCREASES EACH 5-YEAR PERIOD
  • LOWE’S (S&P BBB) CORPORATE GUARANTEE
  • FORTUNE 500 COMPANY | 7,900 LOCATIONS | $73.79B REVENUE
  • LOWE’S AT SITE SINCE 1992 | 30+ YEAR OCCUPANCY
  • FEE SIMPLE ASSET | OFFERED FREE & CLEAR OF DEBT
  • BELOW MARKET RENT AT $6 PER SQUARE FOOT
  • STRONG AND GROWING DEMOS | 109k PEOPLE IN 5-MILE RADIUS
  • $69K AVERAGE HOUSEHOLD INCOME | ABOVE NATIONAL AVERAGE
  • LIMITED COMPETITION | ONLY LOWE’S IN CITY SERVING AREA
  • NEAREST LOWE’S IS 10+ MILES AWAY | 25-MINUTE DRIVE
  • 25-MINUTE DRIVE TO PIEDMONT TRIAD INTERNATIONAL AIRPORT
  • LOCATED IN PIEDMONT TRIAD REGION | 1.6M PEOPLE
  • RETAILERS IN IMMEDIATE VICINITY INCLUDE: WALMART SUPERCENTER, PUBLIX, CHICK-FIL-A, HOBBY LOBBY, HOME DEPOT, STARBUCKS, TJ MAXX, ROSS DRESS FOR LESS, HARRIS TEETER, TACO BELL, WALGREENS, WENDY’S, WAFFLE HOUSE AND MORE.

Description

High Point, NC

High Point, NC


Year Built: 1994
Building Size: 125357sq ft
Lot Size: 13.89 acres

Map of 2600 N Main Street , High Point, NC, 27265

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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