7202 Wilkinson Blvd Belmont, N

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7202 Wilkinson Blvd Belmont, N

Belmont, NC 28012
Asking Price
$2.33M
Asset Type
Retail
Class
Class B

What's Special

7202 Wilkinson Boulevard is situated in Belmont, North Carolina, along a high-visibility commercial corridor linking Gastonia to Charlotte. The property benefits from its proximity to the Interstate 85 interchange and the Catawba River, positioning it within a high-traffic regional arterial. The immediate neighborhood features a mix of established automotive services, local service businesses, and proximity to the historic downtown Belmont district. Commuter access is facilitated by the direct frontage on Highway 74, which serves as a primary route for residents traveling throughout Gaston County and the greater Charlotte metropolitan area. The site is suited for retail operations that require high drive-by visibility and easy ingress from a major thoroughfare. Potential use cases include specialty trade showrooms, convenience retail, or quick-service food operations. An ideal tenant profile encompasses national or regional brands seeking to capture daily commuter traffic, as well as service-oriented businesses aiming to serve the growing residential population in eastern Gaston County. The location’s zoning and physical layout provide flexibility for diverse commercial applications ranging from traditional brick-and-mortar storefronts to service-based retail entities.

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NOI
$80,000
Cap Rate
3.43%
DSCR
0.58
Underwater
Cash-on-Cash
-8.37%
Monthly Payment
$11,552.306
Annual Cash Flow
$-58,627.672

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