2501 E FRANKLIN BLVD

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2501 E FRANKLIN BLVD

Gaston, NC 28056-7262
Asking Price
$3.79M
Asset Type
Retail
Class
Class B

What's Special

2501 East Franklin Boulevard is located in a primary commercial corridor of Gastonia, North Carolina. The property sits within a high-traffic retail cluster characterized by a mix of national big-box retailers, casual dining establishments, and suburban shopping centers. The site benefits from direct frontage on US-74, a major east-west artery, providing convenient connectivity to Interstate 85. Nearby amenities include the Eastridge Mall and several established medical offices, ensuring steady consumer draw from the surrounding residential neighborhoods and the greater Gaston County area. The property is suited for a variety of general retail uses, including traditional storefronts, showrooms, or service-oriented businesses. Its location and visibility cater to tenants requiring high vehicle counts and easy customer ingress. Typical occupants for this asset class include regional franchises, specialty boutiques, or consumer service providers such as mobile carriers and insurance agencies. The site's positioning within an established trade area makes it a viable option for businesses seeking to leverage existing commuter patterns and proximity to major regional anchors.

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NOI
$80,000
Cap Rate
2.11%
DSCR
0.36
Underwater
Cash-on-Cash
-12.75%
Monthly Payment
$18,736.01
Annual Cash Flow
$-144,832.117

Location & Travel Times