High Point, North Carolina, is a prime location for investing in warehouses, with 10 available listings offering a range of opportunities for businesses and investors. Warehouses in High Point represent a solid investment opportunity, providing a space for storage, manufacturing, and distribution. As a hub for the furniture, textiles, and bus manufacturing industries, High Point's warehouses are well-positioned to support the local economy. The city's amenities, including the Millis Regional Health Education Center, High Point City Lake Park, and Truist Point baseball park, make it an attractive location for businesses and residents alike. Additionally, High Point's infrastructure, including the Amtrak station, Interstate 85, and the Piedmont Authority for Regional Transportation (PART), provides easy access to major markets and transportation routes. With its diverse population and strong educational institutions, such as High Point University and Guilford Technical Community College, High Point is a great place to do business and travel, with attractions like the High Point Furniture Market and the Sechrest Gallery.
High Point's warehouses are situated in a prime location, with nearby access to major highways and transportation routes. The city's warehouses offer a range of sizes, from 37,801 square feet to 174,000 square feet, and are priced at an average of $87 USD per square foot. In addition to warehouses, High Point also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in High Point offer a space for manufacturing and production, while land provides an opportunity for development and growth. Residential income homes offer a chance to invest in the local housing market, and commercial real estate provides a space for retail and office use. With its diverse range of property types and strong local economy, High Point is a great location for businesses and investors to consider.
What are the key features investors look for in warehouses in High Point?
When searching for warehouses in High Point, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $87 USD, with an average size of 37,801 square feet and a maximum size of 174,000 square feet, offering ample space for storage and operations.
- A competitive average cap rate of 9.82%, providing a strong potential for returns on investment.
- Proximity to major transportation infrastructure, such as Interstate 85, Business 85, and Interstate 74, as well as the Amtrak station and Hi tran bus service, ensuring easy access to regional and national markets.
What size warehouses are available to buy in High Point?
Warehouses for sale in High Point range in size from 37,801 square feet to 174,000 square feet, with an average price per square foot of $87 USD and an average cap rate of 9.82%, offering a variety of options for businesses and investors looking to purchase a warehouse in this furniture and textile hub.
How much does it cost to buy a warehouse in High Point?
When it comes to buying a warehouse in High Point, the cost can vary greatly depending on factors such as size, location, and condition, with the average price per square foot being $87 USD and the average size of available listings being 37,801 square feet, ranging from smaller facilities to larger ones like 174,000 square feet.
