Anchored Retail Center For
1100 - 1132 Mack Street, Gaston, SC 29053
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Anchored retail center with long-term tenants and strong growth potential.
Type:Retail
Property size:
18,700 SFPrice / SF:
$127/SF- Added:
- Jan 5, 2026
- Days on Market:
- 183
- Last Refresh:
- Jul 5 at 3:55 am
Property Features for 1100 - 1132 Mack Street
General Information
- Standard status
- Active
- Size
- 18,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1995
Listing office NAI Columbia (803) 254-0100
Listing date Jan 5, 2026
Source Crexi
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 NAI Columbia
HighLights
- National credit anchor: Anchored by Dollar Tree (NYSE: DLTR), a Fortune 500 company, providing strong brand recognition and reliable traffic.
- Growing submarket: Strategically positioned near significant residential developments driving rapid population growth.
- Minimal shopping center competition: Premier shopping destination due to minimal direct retail competition within Gaston.
- Internet resistant tenant mix: Primarily necessity goods and essential services mitigate e‑commerce risk; nearly 87% of the center.
- Ease of customer access: Excellent consumer accessibility with three dedicated points of ingress and egress.
- Long‑term tenant commitment: Dollar Tree has been a key tenant for over 10 years and recently renewed their lease.
Overview
This retail center is anchored by Dollar Tree, a Fortune 500 company. Dollar Tree has been a key tenant for more than 10 years, and their recent exercise of a renewal option demonstrates their long-term commitment. The property is strategically positioned near several significant residential developments that are driving rapid population growth in the Gaston submarket. The area is benefiting from a surge in new single-family development announcements, including the 198-unit Valley Crest subdivision, the 119-unit Tera Pines subdivision, and a proposed 318- unit single-family community. The center provides consumer accessibility with three dedicated points of ingress and egress, allowing for smooth traffic flow and convenient entry from multiple directions. The tenant mix is comprised primarily of necessity goods and essential-service providers, mitigating exposure to e-commerce–related risk. Retail categories within the center such as groceries, medical services, pharmacies, personal care, occupy nearly 87% of the center. The center benefits from minimal direct retail competition within the town limits of Gaston, positioning it as a premier shopping destination for both existing and incoming residents. The property size is 18700 square feet.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $280.5k | $15.00 |
| − Vacancy | −$11.5k | −$0.61 |
| EGI | $269.0k | $14.39 |
| − OpEx | −$80.7k | −$4.32 |
| NOI | $188.3k | $10.07 |
18,700 SF · lease $15.00/SF/yr · vacancy 4.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.69M
$2.35M – $3.14M
NOI $188,300 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.02M
$4.39M – $5.86M
NOI $351,559 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Shopping centers
Location Insight
- Map
- Local Demand
- City
- Gaston
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.102719
- Latitude
- 33.817222
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Anchored retail center with long-term tenants and strong growth potential.
Where is this shopping center located?
The property is located at 1100 - 1132 Mack Street Gaston, SC.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: National credit anchor: Anchored by Dollar Tree (NYSE: DLTR), a Fortune 500 company, providing strong brand recognition and reliable traffic.; Growing submarket: Strategically positioned near significant residential developments driving rapid population growth.; Minimal shopping center competition: Premier shopping destination due to minimal direct retail competition within Gaston.
