Turnkey NNN Retail
For Sale
$500,000
108 E Main Avenue, Gastonia, NC 28052
NNN retail investment in Downtown Gastonia, NC.
Property SizeContact for details
Days on Market139
Property Features for 108 E Main Avenue
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
1912
Listing Agency:
Coldwell Banker Realty - Ballantyne
(980) 339-9174
Listed By:
Ryan Pilsy · License #309014
(980) 339-9174
Source:
Cbcworldwide
Added: Apr 2
Changed: Jul 10
Last Checked: Apr 3 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Ballantyne
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Gastonia, NC, 108 E. Main Ave. is a turnkey NNN retail investment opportunity. The property is priced at $500,000 and offers an 8.04% cap rate based on an annual in-place income of $40,200. The property is situated on E. Main Ave. in Gastonia’s primary downtown commercial corridor, providing strong street visibility. Downtown Gastonia has experienced sustained public and private investment across its arts, dining, and entertainment district, leading to increased foot traffic and retailer demand. The property benefits from direct I-85 access and is approximately 25 minutes from Charlotte’s urban core. The building is well-maintained with no deferred maintenance. The HVAC system was replaced in 2022, and the roof was replaced in 2015. The property is fully occupied by Marty’s LLC, an established CBD retailer with locations in Gastonia and Hickory, NC. The tenant is operating under a three-year NNN lease commencing in June 2025, which includes three one-year renewal options and a 3% annual rent escalation. The lease is personally guaranteed by the principal.
Key Highlights
- Turnkey NNN retail investment with zero landlord responsibilities.
- 8.04% cap rate on $40,200 in annual in‑place income.**
- Located in Downtown Gastonia, a revitalizing area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Hotels & Casinos 5%
QuikTrip
Shops & Services
30,806 visits/mo
0.4 miles
Wells Fargo
Shops & Services
8,496 visits/mo
0.0 miles
Dollar General
Shops & Services
7,015 visits/mo
0.5 miles
Truist
Shops & Services
6,542 visits/mo
0.2 miles
PLS Financial Services
Shops & Services
5,055 visits/mo
0.2 miles
Demographics for 28052, NC
35,332
Population
15,561
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
83%
High-School Grad
41.4 sq mi
ZIP Area
853
Density / Sq Mi
$46,015
Median Household Income
$34,339
Median Earnings
$1,058
Median Rent
$173,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - NNN retail investment in Downtown Gastonia, NC.
Where is this retail space located?
The property is located at 108 E Main Avenue Gastonia, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Turnkey NNN retail investment with zero landlord responsibilities.; 8.04% cap rate on $40,200 in annual in‑place income.**; Located in Downtown Gastonia, a revitalizing area.
