2419 West Franklin Boulevard

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2419 West Franklin Boulevard

Gastonia, NC 28052
Asking Price
$2.98M
Asset Type
Retail
Class
Class B

What's Special

2419 West Franklin Boulevard is located along a primary commercial corridor in Gastonia, North Carolina. The property sits within a high-traffic area characterized by a mix of established automotive services, quick-service restaurants, and local retail centers. It offers direct frontage on Highway 29/74, providing significant visibility and ease of access for commuters traveling between Gastonia and nearby Charlotte. The location is supported by proximity to densely populated residential neighborhoods and is situated a short distance from the regional medical center and Interstate 85. This retail asset is suited for businesses requiring high road visibility and consistent daily traffic counts. Ideal use cases include specialty retail, showroom space, or service-oriented businesses such as insurance agencies and repair centers. The typical tenant profile includes franchise operations or local retailers looking to capitalize on the area's established commercial infrastructure. The building’s functional layout and surrounding parking capacity support a variety of tenant requirements ranging from consumer goods to professional services.

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NOI
$80,000
Cap Rate
2.68%
DSCR
0.45
Underwater
Cash-on-Cash
-10.84%
Monthly Payment
$14,748.362
Annual Cash Flow
$-96,980.338

Location & Travel Times