111 Garrison Blvd Gastonia, NC 28052-4649
This exceptional portfolio comprises nine net-leased retail properties strategically located across North Carolina and South Carolina. The properties, totaling 3,925 to 39,625 square feet, boast a diverse tenant mix of nationally recognized brands including Dollar General, Walgreens, CVS Pharmacy, Family Dollar, Food Lion, Bojangles, and Goodyear Auto Service. The portfolio benefits from a weighted average remaining lease term of 10 years, with corporate guarantees in place, ensuring consistent cash flow. The properties are situated in established trade areas with convenient access to major thoroughfares, and exhibit a strong track record of performance, reflected in the current 100% occupancy rate and a substantial net operating income (NOI) of $2,161,314.96, yielding a 5.27% cap rate. Lot sizes range from 0.68 to 4.02 acres. Years built vary, ranging from 1960 to 2020, showcasing a blend of established and newer properties. This rare opportunity presents a compelling investment proposition for discerning buyers seeking a stable, high-performing retail portfolio in a dynamic market. The portfolio offers a diversified tenant base, long-term leases, and significant upside potential. Individual property details, including lease terms and specific NOI figures, are available upon request. This portfolio represents a unique chance to acquire a legacy asset with substantial long-term value.
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Coinstar Currency Exchange Service Kiosk
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Western Union Bank Credit Union
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Food Lion Grocery & Convenience Store Food Market
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Rent-A-Center Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SHOP1 · Gastonia, NCGastonia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.