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Four Corners on Garrison 215 E Garrison Blvd

3,764 SF 100% Leased Retail Building Gastonia, NC 28054 $1,027,666 CAD ($273 CAD/SF) 4.41% Cap Rate

Investment Highlights

  • Near a signalized intersection
  • 100% leased occupancy
  • Ample parking
  • Full brick ambiance

Executive Summary

Prime investment opportunity in a great location in Gastonia. It's a newer full brick two story building with a bonus car wash facility.
Long term tenant with strong business model (barber college), paying $3200/ month rent. There is room for upside. Do not disturb tenant.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,764 SF
Building Class
C
Year Built
2011
Price
$1,027,666 CAD
Price Per SF
$273 CAD
Cap Rate
4.41%
NOI
$45,359 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Lot Size
0.55 AC
Zoning
R1 - commercial
Parking
22 Spaces (5.84 Spaces per 1,000 SF Leased)
Frontage
35 ft on 8th Ave

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Security System
  • Signage
  • Air Conditioning

Nearby Major Retailers

Food Lion
PNC Bank
Truist
Bestway Rent-To-Own
The YMCA
Milestones

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
219229
Land Assessment
$200,738 CAD
Improvements Assessment
$443,892 CAD
Total Assessment
$644,631 CAD
  • Listing ID: 33304018

  • Date on Market: 2024-09-25

  • Last Updated:

  • Address: 215 E Garrison Blvd, Gastonia, NC 28054

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