Updated Oct 28, 2024
Coastal Equities Real Estate Acquires 19.4 Acre Retail Property In High Point, NC For $11.75M
2826 South Main Street, High Point, North Carolina 27260, United States
$11,750,000
Building Size
—
Asset Type
Retail
Closing
Sep 11, 2022
About this deal
AI
The retail sale at 2826 South Main Street, High Point, North Carolina 27260, United States in High Point, North Carolina sold for $11.8M in 2022. 2826 South Main Street, High Point, North Carolina 27260, United States is classified as Retail on Traded. This page is the High Point, North Carolina file for the 2826 South Main Street, High Point, North Carolina 27260, United States retail sold: pricing, party profiles, and other closed retail comps from the same High Point sit in the Market section below. Filter that High Point retail set by closing date to see what else sold near 2826 South Main Street, High Point, North Carolina 27260, United States around 2022. Published consideration for 2826 South Main Street, High Point, North Carolina 27260, United States is $11.8M, dated 2022. Cite this Coastal Equities Real Estate Acquires 19.4 Acre Retail Property In High Point, NC For $11.75M sale when underwriting similar retail product around High Point, North Carolina.
Players
High Point Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93