Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Atm Currency Exchange Service
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Bank Credit Union
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Grocery & Convenience Store Food Market
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Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
SHOP1 · Gastonia, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SHOP1 in Gastonia, NC.
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Find the owner behind the property.
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- Alternative use
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