Property summary
This exceptional Gastonia, NC retail property, located at 3508-3510 Robinson Cir, presents a compelling investment opportunity. The 1,800 square foot building, constructed in 1977, sits on a substantial lot ranging from 2.73 to 6.08 acres and is zoned I2 (Hi - Heavy Industrial). Currently leased for $424,000 annually (net-net) with a 2% annual escalation clause, the tenant has three years remaining on a five-year lease. The asking price is $7,900,000, translating to $4,388.89 per square foot. The property boasts significant advantages including ample outside storage and truck parking, a highly desirable feature for many businesses. Its location within an Opportunity Zone offers potential tax advantages for investors. A unique benefit is the inclusion of a grandfathered unlimited car auto deal sales license. Furthermore, recent appraisal, survey, and environmental reports are readily available for due diligence. This property offers a strong combination of income generation, location benefits, and unique features, making it an attractive investment prospect in the thriving Gastonia market. The single-story building provides efficient use of space and easy accessibility. The substantial lot size allows for future expansion or development possibilities.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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