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Property summary
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, single-tenant Mavis Discount Tires auto shop in High Point, North Carolina. The 5,866 square foot building, constructed in 2023, sits on a prime location at 2607 S Main St, boasting excellent visibility and frontage along a major commercial corridor. The property benefits from a strong corporate guarantee and a long-term net lease with Mavis, extending until April 30, 2043, with four 5-year renewal… options. This translates to a remaining lease term of 18.5 years. The lease includes attractive 10% rent bumps every five years, providing a built-in hedge against inflation. The property's Net Operating Income (NOI) is $153,000, yielding a 5.85% cap rate on the $2,615,385 asking price. The location is strategically positioned near major highways (US 29 & 70, I-74, I-85), and surrounded by a dense concentration of national retailers, manufacturing, warehouse facilities, and residential neighborhoods, ensuring a robust customer base. Nearby businesses include a Walmart Supercenter and Aldi. The property is part of a developing commercial area with recent and planned additions like a Bojangles and Sam's Xpress Car Wash. Daily traffic counts on South Main Street exceed 23,100 vehicles. The surrounding area boasts a strong demographic profile, with over 38,500 people within a 3-mile radius and nearly 100,000 within 5 miles, exhibiting an average household income of $73,694. This recession-resistant investment in the automotive repair sector offers significant long-term potential, given the growing U.S. vehicle fleet and increasing demand for auto services. The landlord's responsibilities are minimal, with the tenant responsible for most operating expenses. The building features a new roof with a 15-year transferable warranty.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 2.67 ac
- APN
- 232718
- Zoning
- C
- Assessed value · 2024
- $2,877,400
- Annual tax · 2024
- $37,170
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $37,170
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the High Point market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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