131 Westchester Dr 6 656 pi² Commerce de détail Immeuble High Point, NC 27262 3 271 566 $ CAD (491,52 $ CAD/pi²) 5,75% Taux de capitalisation

Mavis Tires & Brakes at 131 Westchester Drive, High Point, NC 27262 presents a compelling net-leased investment opportunity in one of High Point’s most active retail corridors. Built in 2021, the ±6,656 SF property sits on approximately .97 acre as a premier outparcel to Publix, offering exceptional visibility and convenient access. The asset is secured by a corporate-guaranteed 20-year absolute NNN lease with 15+ years remaining, providing zero landlord responsibilities. Investors benefit from built-in 5% rent increases every five years, six 5-year renewal options, and current annual rent of $136,500. Positioned along Westchester Drive and near North Main Street, the site benefits from strong traffic counts of approximately 27,500 and 25,000 vehicles per day, respectively. The surrounding trade area features major national retailers including Walmart, Lowe’s, The Home Depot, Starbucks, Chick-fil-A, Chipotle, Staples, and Wells Fargo. The property is also near High Point University and Wake Forest Baptist Health High Point Medical Center, supporting steady daytime traffic and long-term consumer demand. This is an opportunity to acquire a newer-construction, passive investment leased to one of the nation’s largest independent automotive service operators.