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 high-traffic commercial corridor in Gastonia, North Carolina. The property sits within a dense retail hub characterized by a mix of regional shopping centers, national brand outparcels, and local service providers. Nearby amenities include the Eastridge Mall and several established big-box retailers, ensuring consistent consumer activity in the immediate vicinity. The location offers direct road frontage and is situated near the intersection of major local thoroughfares, providing efficient access to Interstate 85. This proximity facilitates easy transit for visitors traveling from the broader Gaston County area and the nearby Charlotte metropolitan region. The asset is suitable for a variety of retail applications, including general merchandise, specialized showrooms, or service-oriented businesses. The building’s visibility and accessibility make it an ideal choice for national franchises, regional chains, or established local retailers seeking to leverage high daily vehicle counts. The typical tenant profile includes resilient businesses such as apparel stores, electronics retailers, or medical-retail clinics that benefit from concentrated neighborhood shopping patterns. Given the surrounding commercial density, the site supports tenants focused on high-volume consumer engagement and those requiring a central, recognizable presence within the local market.

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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

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