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28697685
28697684

1813 N Main St, High Point, NC 27262 For Sale

AF
NC 238303
DeLille | Field Commercial Real Estate
Listed by DeLille | Field Commercial Real Estate
$4,250,000
229 days on market
Updated 53 days ago

Fully Leased Investment offering: 1807 - 1813 N Main Street

Details
Property Type Office, Retail
Sub Type Bar, Restaurant
Square Footage 13,150
Net Rentable (SqFt) 13,150
Cap Rate 4.94%
NOI $209,747
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 5.02%
Pro-Forma NOI $213,491
Price per SqFt $323
Class A
Year Built 2018
Year Renovated 2018
Buildings 1
Stories 2
Acreage 0.880
Zoning Main Street
Investment Type Stabilized

Fully Leased Investment Offering

Marketing description

Property Overview

Discover a rare opportunity to acquire a fully leased retail and professional office investment along one of High Point’s highest-traffic commercial corridors. Located on North Main Street, this two-building portfolio at 1813–1807 N Main Street offers stable income, a diversified tenant mix, exceptional visibility, and long-term upside—all at an attractive 4.94% CAP rate.

Featuring a combined 13,150± RSF, the property is occupied by well-established tenants including Magnolia Blue, The Brewer’s Kettle, and Freeman Kennett Architects, creating a durable and balanced rent roll. Tenants benefit from strong frontage, on-site parking, and exposure to over 26,000 vehicles per day, enhancing the long-term security of the income stream.

Adding to the value, this opportunity also includes an adjacent 1.57-acre multifamily-zoned parcel available for separate purchase, providing additional flexibility for future development or strategic expansion in one of High Point’s most desirable commercial corridors.

Why This Opportunity Stands Out

With full occupancy, a 4.94% CAP rate, highly visible Main Street frontage, and a tenant mix rooted in the community, this property offers investors immediate income with low volatility and high retention potential. The optional multifamily parcel further enhances the long-term strategic value of this offering.

Investment highlights

Investment Highlights

  • Offered at a 4.94% CAP rate, providing attractive in-place yield with stable occupancy

  • Fully leased investment property with long-standing, diverse tenants

  • 13,150± RSF across two highly functional, low-vacancy buildings

  • Prime North Main Street location with exceptional visibility and accessibility

  • 26,000+ vehicles per day, supporting strong tenant performance and retention

  • On-site parking for all tenants and customers

  • Adjacent 1.57-acre multifamily-zoned parcel available separately for future development

  • Strong demand corridor with proven occupancy history and consistent investor appeal

Listing Contacts

AF
NC 238303
DeLille | Field Commercial Real Estate
Listed by DeLille | Field Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$209,747.00
$17,478.92/mo

Valuation Metrics

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DSCR
4.94%
Cap Rate
4.94%
ROI

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Additional Information

Name
Alex Field
License
238303
Brokerage
DeLille | Field Commercial Real Estate
Brokerage Phone
3364420744
Title
Broker
Brokerage Address
410 West English Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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