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    OFF-MARKET
    Lifestyle centers

    3001-3045 Union Rd, Gastonia, NC 28056

    58,710 SF 0.72 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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