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 neighborhood serves as a retail hub characterized by a mix of local businesses, automotive services, and national quick-service restaurants. Positioned near the intersection of Highway 29 and Highway 321, the site provides direct access to regional transit routes and is situated less than five miles from the Interstate 85 interchange. Nearby amenities include various shopping centers and grocery-anchored developments that drive frequent consumer traffic to the immediate area. The property is suited for general retail operations, including specialized trade services, discount storefronts, or consumer showrooms. Given the high visibility and surrounding commercial density, ideal tenants may include regional service providers, equipment suppliers, or small-scale distributors requiring a street-front presence. The asset supports businesses seeking proximity to Gastonia’s established residential pockets and established industrial zones. The layout offers flexibility for tenants focused on high-volume vehicular exposure and ease of customer access.

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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