Grocery-Anchored Shopping
For Sale
Contact for pricing
3350 Robinwood Rd, Gastonia, NC 28056
Multi-tenant retail center with grocery, service, restaurant, shipping, and medical-oriented uses at a signalized intersection.
Property Size68,767 SF
Price / SF$198.44
Days on Market49
Property Features for 3350 Robinwood Rd
General Information
Standard status
Active
Size
68,767 SF
Property subtype
RETAIL
Listing Agency:
MPV Properties
Listed By:
Mark Newell · License #111045
(704) 248-2100
Source:
Moodyscre
Added: Aug 20
Changed: Sep 18
Last Checked: Oct 5 at 8:28PM
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 MPV Properties
Investment Insights
Based on property information with market context.
This 68,767-square-foot shopping center is anchored by Harris Teeter and includes Great Clips, The UPS Store, and Hungry Howie's Pizza. The tenant mix also incorporates service-oriented and medical-related activity associated with Atrium Health, supporting a range of recurring retail and convenience visits.
The property occupies the signalized intersection of Robinwood Road and Kendrick Road, where reported traffic volume is 18,000 AADT. It is within 4 miles of Hwy 74 and I-85 and serves an affluent surrounding trade area, with average household income of $125,871 and a 118 wealth index within 1 mile.
The offering includes an NN+ lease structure, with landlord obligations limited to the roof, structure, and parking lot. The source information also identifies contractual NOI growth and below-market grocery rent as investment considerations.
The property occupies the signalized intersection of Robinwood Road and Kendrick Road, where reported traffic volume is 18,000 AADT. It is within 4 miles of Hwy 74 and I-85 and serves an affluent surrounding trade area, with average household income of $125,871 and a 118 wealth index within 1 mile.
The offering includes an NN+ lease structure, with landlord obligations limited to the roof, structure, and parking lot. The source information also identifies contractual NOI growth and below-market grocery rent as investment considerations.
Key Highlights
- 68,767‑square‑foot grocery‑anchored shopping center
- Harris Teeter anchor with Great Clips, The UPS Store, and Hungry Howie's Pizza
- Signalized intersection of Robinwood Road and Kendrick Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,012,680
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,253,600
$20.3M
Cap Rate 7%
$14,466,857
$14.5M
Cap Rate 9%
$11,252,000
$11.3M
Market Conditions
NOI Build-Up for 68,767 SF
Gross rent
$1.44M $21.00/SF
− Vacancy
−$93.9K −$1.37/SF
EGI
$1.35M $19.64/SF
− OpEx
−$337.6K −$4.91/SF
NOI
$1.01M $14.73/SF
Area
Gaston County, NC
Vacancy
6.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,253,600
Cap Rate 7%
$14,466,857
Cap Rate 9%
$11,252,000
Alternative Uses
Best Use
Specialty Retail
$14.47M
$12.66M – $16.88M
NOI $1,012,680 @ 7.0% cap · market cap 7.42%
Second Best
Retail
$12.06M
$10.55M – $14.07M
NOI $844,225 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$21.64M
$18.94M – $25.25M
NOI $1,515,075 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
88k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Groceries 43%
Beauty & Spa 2%
Harris Teeter
Groceries
37,781 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,925 visits/mo
0.4 miles
BP
Shops & Services
12,056 visits/mo
0.5 miles
Dollar General
Shops & Services
8,273 visits/mo
0.5 miles
The UPS Store
Shops & Services
6,173 visits/mo
0.1 miles
Demographics for 28056, NC
34,332
Population
14,415
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
90%
High-School Grad
48.3 sq mi
ZIP Area
711
Density / Sq Mi
$90,422
Median Household Income
$48,531
Median Earnings
$1,097
Median Rent
$283,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Forest Brook Shopping Center — 3322 Union Rd, Gastonia, NC 28056
- Robinwood Crossing Shopping Center — Neal Hawkins Rd, Gastonia, NC 28056
- Coinstar Kiosk | Bitcoin ATM — 3350 Robinwood Rd, Gastonia, NC 28054
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center with grocery, service, restaurant, shipping, and medical-oriented uses at a signalized intersection.
Where is this shopping center located?
The property is located at 3350 Robinwood Rd Gastonia, NC.
What is the asking price?
The asking price for this property is $13,646,459.
What are key features of this property?
This property features: 68,767‑square‑foot grocery‑anchored shopping center; Harris Teeter anchor with Great Clips, The UPS Store, and Hungry Howie's Pizza; Signalized intersection of Robinwood Road and Kendrick Road
