Shopping Strip
New Hope Square
2211 N New Hope Rd, Gastonia, NC 28054
Listing Price: $3,350,000
Cap Rate
7.70%
Gross SF
43,470
Rentable SF
43,470
Price/Gross SF
$77.06
Lot Size
7.53 acres
Year Built
1987
Investment Overview
Marcus & Millichap is pleased to present for sale New Hope Square located in Gastonia, NC.
New Hope Square
Investment Highlights
- Grocery Anchored Retail Center in Charlotte, NC MSA
- Food Lion with Strong Sales and Low Occupancy Cost
- Value-Add Opportunity with 8,470 SF Vacancy
- Gross Leases Offer A "Mark-To-Market" Leasing Strategy
- 20,000 VPD on New Hew Hope Road
- More Than 38,000 Daytime Population In 3-Mile Radius
Listing Price: $3,350,000
Cap Rate
7.70%
Gross SF
43,470
Rentable SF
43,470
Price/Gross SF
$77.06
Lot Size
7.53 acres
Year Built
1987
Investment Highlights
- Grocery Anchored Retail Center in Charlotte, NC MSA
- Food Lion with Strong Sales and Low Occupancy Cost
- Value-Add Opportunity with 8,470 SF Vacancy
- Gross Leases Offer A "Mark-To-Market" Leasing Strategy
- 20,000 VPD on New Hew Hope Road
- More Than 38,000 Daytime Population In 3-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present for sale New Hope Square located in Gastonia, NC.
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