114 West Commerce Avenue

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114 West Commerce Avenue

High Point, NC 27260
Asking Price
Contact for price
Cap Rate
8%
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large 58,000 square foot retail showroom for sale.
  • Property is situated in the High Point Market District.
  • Investment opportunity currently offering an 8% cap rate.
  • Multi-story configuration suitable for diverse commercial display uses.
  • Located in a core center for the national furniture industry.

What's Special

The 58,000 square foot multi-story retail showroom at 114 West Commerce Avenue sits directly within the High Point Market District. This property serves as a central hub for the furniture and design industry that defines much of the regional economy in this part of North Carolina. Given its prominent position in a district known for hosting international trade events, the asset is suited for large-scale showroom operations, design studio environments, or specialized wholesale display spaces. High Point maintains a reputation as a key manufacturing and commerce center, providing a consistent flow of industry professionals throughout the year. Prospective investors or owner-occupants will find the facility positioned to take advantage of the high density of complementary businesses and established logistical infrastructure within the immediate vicinity. Its multi-story configuration allows for versatile interior layouts, accommodating various inventory presentation requirements or administrative functions essential to modern retail and showroom operations.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times