Cap Rate
6.75%
Tot. SF
9,002
911 Union Rd, Gastonia, NC, 28054
Dollar General$1,545,844
Key Information
Lot Size
1.55 Acres
Year Built
2011
Term Remaining
± 5 Years
Type
Retail
Occupancy
100%
NOI
$104,334
Highlights
- 2011 build-to-suit construction for Dollar General
- Premium construction building with no metal sides (exterior is EFIS and Brick)
- Absolute NNN lease with zero management responsibility
- Corporately guaranteed lease from Dollar General Corporation
- Proven location and market – Dollar General exercised their first renewal option with no landlord concessions
- Traffic counts on Union Rd exceed 20,000 vehicles daily
- 3-Mile population of 61,011 residents
- 5-Mile population of 113,582 residents
- Average household income of $86,761 annually (sweet-spot for a discount retailer)
- Gastonia is a suburb of Charlotte, the largest city in NC with an estimate MSA population of more than 2.8 million residents
Photos
Location
Agents
J
Josh BishopLicense # 688810 (TX)
G
Gerard HamasLicense # 10401381954 (NY)
Broker of Record
Kyle Matthews
License # C38369, 288917 (NC) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203