685 & 697 Southwest St 2 Industrial Properties Offered at $5,400,000 in High Point, NC

Below Market Rent: With current market average rental rates of $6.01 PSF for industrial buildings of similar size and nature, this property’s current rental rate of $3.22 PSF is well below the market average, offering investors an abundance of near term NOI growth and value creation.
Attractive/Low Price Point: With a list price of $53.63 PSF, the property’s low “price per pound” being well below replacement costs offers investors immediate exceptional upside potential.
Limited Landlord Responsibilities: This property’s NNN lease offers investors stable cash flows with minimal landlord responsibilities.
Great Interstate Access: With great access to interstates I-85 and I-74, this property is ideally situated to deliver its current, and future, tenant(s) excellent access to a strong transportation network.
High-Demand Asset Class: Industrial space in North Carolina is an extremely attractive asset class due to the rapid migration of population & investment capital to the region.
Exceptional Market: The Piedmont Triad, a 12-county region in central North Carolina, is home to ±1.8 million people and offers a strategic location within 650 miles of over half the U.S. population. With 13 colleges and universities, the region continues to produce a highly skilled workforce. High Point further enhances the Triad’s global reach, hosting more than 80 internationally headquartered companies with year-round operations.