2107 Kirkwood St - Freestanding FOR SALE


High Point, NC 27262- Greater High Point
$2,650,000 USD
336-442-0744
2107 Kirkwood St, High Point, NC for Sale
$2,650,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

2107 Kirkwood St
High Point, NC 27262
Greater High Point


HIGHLIGHTS

  • Fully Leased Retail Asset 6,888 SF neighborhood retail strip center delivering immediate, stable cash flow with 100% occupancy.
  • Strong & Diverse Tenant Mix Anchored by established operators—California Burrito, Raptures Hair Salon, and Santorini Restaurant—providing income
  • Attractive In-Place Income Generates an NOI of $106,449.86, offering a reliable return with minimal near-term capital needs.
  • High-Traffic Corner Location
  • High Point University

OVERVIEW

Fully Leased 6,888 SF Retail Investment Property – Strong Tenants & Expansion Potential 2107 Kirkwood Street | High Point, NC 27262 This 6,888 SF fully leased retail center offers investors immediate, stable cash flow supported by a proven tenant mix and a high-traffic, high-visibility corner location. Situated on a prominent outparcel site, the property also includes room for future expansion or redevelopment, creating an appealing mix of current income and long-term upside. Renovated extensively in 2016, the center received a new roof, HVAC systems, updated plumbing, and upgraded electrical, minimizing near-term capital expenditures and increasing operational reliability. Investment Highlights: 6,888± SF fully leased retail center Listing Price: $2,650,000 Current NOI: $106,449.86 Located at a high-traffic corner with outstanding visibility Expansion opportunity with a former development pad & outparcel Comprehensive 2016 renovation (roof, HVAC, plumbing, electrical) Surrounded by established residential neighborhoods and steady daily traffic Low-maintenance asset ideal for long-term hold strategies Tenant Mix (All Established Operators): *California Burrito *Raptures Hair Salon *Santorini Restaurant These tenants provide diversified income streams across food, personal services, and restaurant categories—adding stability and resilience to the investment profile. Why Investors Like This Asset 1. Strong in-place income from reliable tenants 2. Minimal short-term CapEx due to full renovation 3. Prime corner retail positioning 4, Built-in growth potential via expansion or redevelopment 5. Ideal for investors seeking cash flow today with future upside tomorrow

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

CGB

APN/PARCEL ID

0199847

ASK ABOUT THIS PROPERTY

Alex FieldDeLille | Field Commercial Real EstateMore Info
336-442-0744

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Alex FieldDeLille | Field Commercial Real EstateMore Info
336-442-0744

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