Retail Space - For Sale
1011 Lewis Street Oxford, NC 27565
Details & Description
Call for Pricing
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.000
  • Building Sq Ft 60,000
  • CAP Rate % 6.58
Oxford StationHigh Point, NC$8,716,000 | 6.85%5-Year Average Cap Rate: 7.40%Recent 5-Year Lease Renewals by Chipotle and Wells Fargo – Wells Fargo voluntarily added an additional 5-year renewal optionPreemptive renewal by Chipotle resulting in rare 10.5 years of remaining termCorporately guaranteed leases by tenants such as Chipotle, Starbucks and Verizon WirelessAverage household income of over $68,000 within a 5-mile radiusOpportunity to diversify portfolio across several nationally recognized tenantsLow residual risk due to strong demand for quality retail space in respective marketsStrong in-place management feesInfill situation with dense retail, quality users in potentially the best location in High Point, NC – a healthy NC market
Listing Agents
Joshua Pardue

O: 646-841-0631
jpardue@stanjohnsonco.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1011 Lewis Street

Oxford, NC 27565

Listing ID: 240242
Call for Pricing
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.000
  • Building Sq Ft 60,000
  • CAP Rate % 6.58
1011 Lewis Street Oxford, NC 27565 | for Sale | Photo 1
Description

Oxford Station

High Point, NC

$8,716,000 | 6.85%

5-Year Average Cap Rate: 7.40%

Recent 5-Year Lease Renewals by Chipotle and Wells Fargo – Wells Fargo voluntarily added an additional 5-year renewal option

Preemptive renewal by Chipotle resulting in rare 10.5 years of remaining term

Corporately guaranteed leases by tenants such as Chipotle, Starbucks and Verizon Wireless

Average household income of over $68,000 within a 5-mile radius

Opportunity to diversify portfolio across several nationally recognized tenants

Low residual risk due to strong demand for quality retail space in respective markets

Strong in-place management fees

Infill situation with dense retail, quality users in potentially the best location in High Point, NC – a healthy NC market

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Durham History of Retail Space for Sale

Oxford Area Market Trends

Listing Demographics for 1011 Lewis Street Oxford, NC 27565

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population7687,98313,443
Population Median Age334142
Population by Age0-9 Yrs110 (14%)965 (12%)1480 (11%)
10-19 Yrs170 (22%)1020 (12%)1756 (13%)
20-29 Yrs46 (5%)826 (10%)1478 (10%)
30-39 Yrs147 (19%)912 (11%)1472 (10%)
40-49 Yrs141 (18%)957 (11%)1658 (12%)
50-59 Yrs62 (8%)1124 (14%)1970 (14%)
60-69 Yrs54 (7%)1135 (14%)1904 (14%)
70+ Yrs38 (4%)1045 (13%)1726 (12%)
Median HH Income$29,170$39,205$46,071
Total Household Income< 24K111 (41%)1176 (36%)1550 (29%)
25-49K67 (24%)769 (23%)1306 (24%)
50-74K50 (18%)498 (15%)885 (16%)
75-99K29 (10%)370 (11%)704 (13%)
100-199K10 (3%)379 (11%)647 (12%)
200K+3 (1%)69 (2%)148 (2%)
Highest Education LevelNo Diploma1359811533
Diploma or GED12818393091
Some College11411801994
Assoc. Degree25498951
Bachelors Degree387741403
Higher Degree9299484
Total Housing Units3273,7345,977
--Owner-Occupied711,6873,091
--Renter-Occupied1981,5742,148
Owner-Occupied Values< 100K26565970
100-199K287801334
200-299K11212522
300-399K359134
400-499K25087
500K+12244
Total Working Age Population5706,47511,018
In Work Force3143,7146,396
Not In Work Force2562,7604,622
Workforce Employed3003,3845,892
Workforce Unemployed14331504
Civlian Workforce3143,7146,396
Military Workforce000
Total Households2703,2615,239
Family Households2072,1563,539
Non-Family Households631,1051,700
Married Couple841,2652,259
Other Family1238911,280
Married w/Child53382705
Single Male w/Child22052
Single Female w/Child67499632

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
Franklin County47,260+2860,619+1670,212+1681,204
Granville County48,498+2459,916+462,147+1269,540

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Raleigh Durham International Airport (RDU) 30
Piedmont Triad International Airport (GSO) 75
Roanoke–Blacksburg Regional Airport (ROA) 105
Listing Agent
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