Four Corners on Garrison | 215 E Garrison Blvd
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Four Corners on Garrison 215 E Garrison Blvd
3,764 SF 100% Leased Retail Building Gastonia, NC 28054 $725,000 ($193/SF) 4.41% Cap Rate
Investment Highlights
- Near a signalized intersection
- 100% leased occupancy
- Ample parking
- Full brick ambiance
Executive Summary
Prime investment opportunity in a great location in Gastonia. It's a newer full brick two story building with a bonus car wash facility.
Long term tenant with strong business model (barber college), paying $3200/ month rent. There is room for upside. Do not disturb tenant.
Long term tenant with strong business model (barber college), paying $3200/ month rent. There is room for upside. Do not disturb tenant.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,764 SF
Building Class
C
Year Built
2011
Price
$725,000
Price Per SF
$193
Cap Rate
4.41%
NOI
$32,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Land Acres
0.55 AC
Zoning
R1 - commercial
Parking
22 Spaces (5.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
Parcel Number | 219229 | Improvements Assessment | $314,690 |
Land Assessment | $142,310 | Total Assessment | $457,000 |
PROPERTY TAXES
Parcel Number
219229
Land Assessment
$142,310
Improvements Assessment
$314,690
Total Assessment
$457,000
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Presented by
Clementi Properties
Four Corners on Garrison | 215 E Garrison Blvd
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