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2465 S New Hope Rd
Gastonia, NC 28054

$2,106,372 USD

Freestanding For Sale  •  10,908 SF

Property Details

• Property Type Freestanding
• Total Building Size 10,908 SF
• Lot Size 1.74 AC
• Building Class B
• Year Built 1998
• Cap Rate 7.25 %
• Tenancy Single
• Zoning RET05

0 Transit Score

49 Walk Score

Highlights

Lease recently extended; ±4.2 years of term remaining

Double net lease with investment grade tenant (S&P Credit Rating: BBB)

Located on hard corner lot of South New Hope Rd. and Redbud Dr.

Located in a dense retail corridor with other national retailers including Walmart, Sonic, Domino’s, Lowe’s, etc.

Conveniently located across the street from Walmart & Eastwood Shopping center

Located directly adjacent to Food Lion & Redbud Commons Shopping center

Cap Rate:

7.25 %

Amenities

• Pylon Sign
• Signage
• Signalized Intersection
• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Gastonia Amtrak Station (Crescent - Amtrak)	8 min	-	3.6 mi
Airport	Drive	Walk	Distance
Charlotte/Douglas International	27 min	-	14.1 mi
Concord-Padgett Regional	41 min	-	30.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	55
Type:	Surface
Included in Rent:	Yes