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- LoopNet Team
1803 S New Hope Rd
Gastonia, NC 28054
CVS · Retail Property For Sale
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 1803 S NEW HOPE RD , GASTONIA, NC 28054
The 10,125 square foot building is located at the corner of a signalized intersection along New Home Road (18,000 VPD) and is a primary east-west thoroughfare. The property is in a retail corridor featuring Walmart Neighborhood Market, Bi-Lo, Publix, Walmart Supercenter, Sam’s Club, Lowe’s and Target. The property is also located in close proximity to Ashbrook High School (1,431 Students) which drive continual traffic to the corridor. There are approximately 100,000 people living within five miles of the property. Gastonia experienced a steady population growth, with a population increase between 2000 and 2010 of nearly 8.2%, according to the U.S. Census Bureau. The CVS lease has twenty years remaining on their lease and features five 5-year renewal option periods with 5% rental escalations in each option. CVS Pharmacy is the nation's largest drugstore chain and total prescription revenue and operates 9,800+ locations in 49 states, the District of Columbia, Puerto Rico and Brazil.
Property Taxes
| Parcel Number | 116020 | Improvements Assessment | $1,361,740 |
| Land Assessment | $395,080 | Total Assessment | $1,756,820 |
Property Taxes
