This newly constructed multi-tenant small bay industrial asset presents an exceptional opportunity in High Point, North Carolina. Designed for functionality and long-term durability, the property consists of two high-quality buildings situated on approximately 2.93 acres, strategically positioned just 0.3 miles from US-29 and minutes from I-74 and I-85. The configuration features ten drive-in bays, 16-foot clear heights, and dedicated restrooms, offering versatile space for contractors, service providers, and storage operators.
Fully leased at delivery, this offering provides investors with stable income backed by 100 percent occupancy, delivering a reported 7.41 percent cap rate and NOI of $160,200. Limited industrial vacancy and strong small bay demand in the Triad region make this property an attractive addition to any portfolio. Additional undeveloped land on-site also offers flexibility for expanded parking or storage rental opportunities in the future.
Positioned near major distribution corridors and only minutes from regional connectors, the asset caters to the growing local economy, supported by High Point’s robust manufacturing, logistics, and service base. This property combines modern design and operational efficiency for long-term investment performance.