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Property profile

3001-3045 Union Rd Gastonia, NC 28056

OFF-MARKET
Lifestyle centers
58,710 SF 0.72 ac lot
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Property summary

AI-generated overview

Food Lion Plaza, located at 3001-3045 Union Rd, Gastonia, NC 28056, presents a compelling investment opportunity in a thriving retail environment. This single-story, 58,710 square foot neighborhood shopping center is anchored by a Food Lion grocery store and boasts a strong tenant mix including Jenny's Yoga, Gage Pool & Spa, and Happy Shack. The property offers multiple spaces available for lease, ranging from 1,050 to 6,720 contiguous square feet, providing flexibility for various retail or restaurant concepts. Currently, 16,470 square feet of space is vacant. Furthermore, a 0.72-acre outparcel is available for sale, presenting an additional development opportunity. The center features ample parking with 290 spaces and is conveniently situated at the intersection of Union Rd and Neal Hawkins Rd/Robin Wood Rd, benefiting from high visibility and accessibility. The property is zoned commercial and is located in Gaston County, North Carolina. This is an excellent opportunity to acquire a well-located retail property with strong existing tenancy and significant potential for growth. The property's strategic location and diverse tenant mix make it an attractive investment for both lease and sale opportunities.

Property profile

Verified
Property type Lifestyle centers
Total area 58,710 SF
Lot 0.72 ac (31,363 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3001-3045 Union Rd Gastonia, NC 28056
Gastonia metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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