1210 Trinity Ave - Service FOR SALE


High Point, NC 27260- Greater High Point
$655,000 USD
980-498-3293
1210 Trinity Ave, High Point, NC for Sale
$655,000 USD
Service - FOR SALE
1/4
null | 6.2% Cap Rate

1210 Trinity Ave
High Point, NC 27260
Greater High Point


HIGHLIGHTS

  • RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
  • PROVEN 25+ YEAR OPERATING HISTORY AT THIS SITE
  • PART OF THE GREENSBORO-HIGH POINT MSA - NORTH CAROLINA'S 3RD LARGEST METRO

OVERVIEW

INSTITUTIONAL-GRADE CREDIT BACKING - The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials. ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES - The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord. RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS - Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions. PROVEN 25+ YEAR OPERATING HISTORY AT THIS SITE - Quarles has continuously operated this fleet fueling location since 1999, demonstrating strong site-level performance and durable customer demand in an established industrial corridor along East Trinity Avenue in High Point. PART OF THE GREENSBORO-HIGH POINT MSA - NORTH CAROLINA'S 3RD LARGEST METRO - The metro is home to more than 200 furniture manufacturers and 12,000 manufacturing workers, and the High Point Market generates billions in annual economic impact for the region, driving consistent commercial and logistics traffic. STRATEGIC PIEDMONT TRIAD LOCATION WITH MULTI-CITY DEMAND DRIVERS - Sits between Greensboro (19 miles) and Winston-Salem (18 miles), with direct access to I-85 and I-40 — two of the Southeast's busiest freight corridors.

FOR SALE DETAILS

PRICE

$655,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Corporate Quarles | High Point, NC

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35

LAND SF

58,806

ZONING

HB

APN/PARCEL ID

0195060

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.