For Sale
$1,950,000

314 Mandustry St High Point, NC 27262

Multi-tenant flex space, high-value potential.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 54,385-square-foot industrial property in High Point, North Carolina, presents a compelling investment opportunity. Located at 314 Mandustry St., 27262, this multi-tenant building offers a diverse mix of flex, warehouse, and manufacturing space, currently comprised of eleven units. The property features four loading docks and six drive-in doors, catering to a variety of operational needs. Ceiling heights range from 10.5 to 14 feet, providing ample vertical space. The asking price is $1,950,000, translating to $35.86 per square foot. The land value alone is assessed at $36 per square foot. Individual unit prices average $177,272.73. The property is currently operating under a triple-net (NNN) lease structure. Significant recent renovations exceeding $100,000 have been completed, enhancing the property's appeal and functionality. Several units are already leased, with new leases signed at $2.92-$2.93 per square foot NNN. The remaining vacant units offer a significant value-add opportunity for increased rental income and long-term appreciation. This property is ideally suited for investors seeking a strong return on investment in a thriving North Carolina market.

Highlights

  • 54,385 SF industrial property in High Point, NC, at 314 Mandustry St., 27262.
  • Multi-tenant building with eleven units offering flex, warehouse, and manufacturing space.
  • Four loading docks and six drive-in doors.
  • Ceiling heights range from 10.5 to 14 feet.
  • Asking price: $1,950,000 ($35.86/SF); land value assessed at $36/SF.
  • NNN lease structure; recent renovations exceeding $100,000.

Property Details for 314 Mandustry St

Property type
Warehouses, Industrial properties
Square Feet
54,385 SF
Units
11

Location Insight

City
High Point
County
Guilford
State
North Carolina
Latitude
35.9237445
Longitude
-80.0400646

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FAQs

What type of property is this?
Warehouse - Multi-tenant flex space, high-value potential.
Where is the warehouse located?
The property is located at 314 Mandustry St High Point, NC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 54,385 SF industrial property in High Point, NC, at 314 Mandustry St., 27262.; Multi-tenant building with eleven units offering flex, warehouse, and manufacturing space.; Four loading docks and six drive-in doors.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Property Records

Contacts

Graham Storey
Graham Storey
Charles Bartscher
Charles Bartscher
Visit Broker Website

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Useful Information

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Mandustry St
High Point, NC 27262

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Mandustry St
High Point, NC 27262

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

314 Mandustry St
  • Graham Storey
    Graham Storey
  • Charles Bartscher
    Charles Bartscher
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