Alsota NNN Acquires Retail Property In High Point, NC For $19M

The retail property at 2620 North Main Street in High Point, NC, has been sold for $19,000,000. The property spans 52,604 square feet, resulting in a price per square foot of $361.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $19,000,000
• Address: 2620 North Main Street
• Market: High Point, NC
• Buyer: Alsota NNN
• Seller: Woodhaven High Point
• Square Footage: 52,604
• Price per Square Foot: $361

The buyer, Alsota NNN, successfully acquired the retail property at 2620 North Main Street from the seller, Woodhaven High Point, for a total price of $19,000,000. This acquisition highlights the market demand for retail properties in High Point, NC. The transaction demonstrates the buyer's interest in expanding their real estate portfolio and the seller's decision to capitalize on their investment.