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    105 Garrison Blvd Gastonia, NC 28052

    Sponsored
    For Sale
    $4,304,016

    High-Yield Grocery-Anchored Center

    Property size:
    37,176 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a ±37,176 square foot, three-unit retail center in Gastonia, North Carolina, boasting a 100% occupancy rate. Anchored by a Food Lion grocery store and complemented by Family Dollar and Rent-A-Center, this property offers a strong, diversified tenant mix with a corporate guarantee. The net lease structure provides a stable income stream, with a current NOI of $269,001 and a compelling 6.25% cap rate. Priced at $4,304,016 ($115.77/SF), this high-visibility asset is strategically located on a major thoroughfare in Gastonia, within the Charlotte MSA, approximately 35 minutes from Downtown Charlotte and its airport. The property's strong sales performance and prime location make it an attractive investment for discerning buyers. This offering presents a compelling opportunity to acquire a well-performing retail center with a proven track record of success. Consider this property as a standalone investment or as part of a larger portfolio. The property address is 105 W Garrison Blvd, Gastonia, NC 28052.

    Property Features for 105 Garrison Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    37,176 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gastonia
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.1819148
    Latitude
    35.2539768

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    FAQs

    What type of property is this?
    Lifestyle center - High-Yield Grocery-Anchored Center
    Where is this lifestyle center located?
    The property is located at 105 Garrison Blvd Gastonia, NC.
    What is the asking price?
    The asking price for this property is $4,304,016.
    Request Owner's contact information
    105 Garrison Blvd Gastonia, NC 28052
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    Gastonia, NC 28052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Garrison Blvd Gastonia, NC 28052
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