Investment Overview

Marcus & Millichap is pleased to exclusively represent the owners in the sale of three combined parcels totaling 4.48 acres (195,148 SF) for development off of heavily traveled Dallas Cherryville Highway. Dallas Cherryville Highway roadway improvement design has begun with construction including paving, drainage, structures, and resurfacing for approximately 7.8-miles. The roadway design improvement includes widening the roadway from a 2-lane facility to a 4-lane facility and improving 4 miles of drainage along with 2 box culvert replacements on this $13M project. Gaston College is steps away from the property. This site is located just off the ramp of US 321 and 2.5 miles from Interstate 85. The average daily traffic count for Dallas Cherryville Highway is 22,000 vehicles per day. The subject property is conveniently located in a retail corridor and easily accessible to the highway make it an excellent opportunity for various uses. The parcel has easement to Dallas Cherryville Highway.