2396 E. Franklin Boulevard

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2396 E. Franklin Boulevard

Gastonia, NC 28054
Asking Price
$1.63M
Cap Rate
6.75%
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase in Gastonia
  • Asset priced at $1,630,000 with current tenancy
  • Property produces a first-year NOI of $110,004
  • Current capitalization rate is established at 6.75 percent
  • Located on East Franklin Boulevard in North Carolina

What's Special

Priced at $1,630,000, this retail storefront at 2396 E. Franklin Boulevard sits in the heart of Gastonia, North Carolina. The property generates a first-year net operating income of $110,004, providing a capitalization rate of 6.75%. As part of the greater Charlotte metropolitan region, Gastonia maintains a steady flow of local commerce supported by its position along key transit corridors. This asset serves as an entry point for investors seeking a stable storefront presence in a growing suburban market. The layout supports traditional retail operations, showrooms, or specialized service providers looking to capitalize on high visibility along East Franklin Boulevard. Its strategic location offers accessibility to a diverse consumer base within the surrounding community, making it a functional addition to a commercial portfolio. Business owners can leverage the existing footprint to establish a long-term presence in a well-traveled corridor within this expanding economic hub.

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NOI
$80,000
Cap Rate
4.91%
DSCR
0.83
Underwater
Cash-on-Cash
-3.43%
Monthly Payment
$8,064.351
Annual Cash Flow
$-16,772.208

Location & Travel Times