1901 Broadcast St

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1901 Broadcast St

Gastonia, NC 28052
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

1901 Broadcast St is situated in a developing commercial corridor of Gastonia, North Carolina, positioned near the intersection of major local thoroughfares. The neighborhood features a mix of established residential pockets and growing light-industrial hubs, providing a diverse local customer base. The property offers proximity to the I-85 corridor, facilitating regional transport and logistics. Nearby amenities include national grocery chains, local service providers, and administrative offices. The surrounding infrastructure supports consistent vehicular traffic and provides straightforward access for commuters traveling between Gastonia and the greater Charlotte metropolitan area. The property is well-suited for high-traffic retail operations, including community-focused service centers, discount retail, or specialty hardware stores. Given its location and accessibility, the asset aligns with the requirements of national credit tenants or regional franchises seeking visibility and ample parking. Ideal occupants would include pharmacies, neighborhood automotive services, or small-format grocers. The site’s footprint and zoning support a variety of commercial uses that benefit from the area's steady daytime population and the surrounding residential density.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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