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197 S New Hope Rd
Gastonia, NC 28054

$9,960,000 USD

General Retail For Sale  •  93,068 SF

Property Details

• Property Type General Retail
• Total Building Size 93,068 SF
• Lot Size 7.64 AC
• Building Class B
• Year Built 1978
• Cap Rate 7.65 %
• Tenancy Multiple
• Zoning C-3

0 Transit Score

50 Walk Score

Highlights

UPSIDE THROUGH NEAR-TERM RE-LEASING

CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY

POSITIONED IN DENSE RETAIL NODE

Property Flyers

MTNL_Gastonia, NC_7.65%

Cap Rate:

7.65 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Gabe's	49,936 SF	3/31/2030
Sauder	43,132 SF	6/30/2026

Amenities

• Bus Line
• Freeway Visibility
• Pylon Sign
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Gastonia Amtrak Station (Crescent - Amtrak)	5 min	-	1.3 mi
Airport	Drive	Walk	Distance
Charlotte/Douglas International	28 min	-	15.5 mi
Concord-Padgett Regional	42 min	-	31.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	466
Type:	Surface
Included in Rent:	Yes