Log In/Sign Up
Your email has been sent.
Leased Inline Shops + Anchor Opportunity 1925-1955 Davis Park Rd 46,200 SF 8% Leased Retail Building Gastonia, NC 28052 $3,750,000 ($81.17/SF)



Investment Highlights
- ±46,200 SF total - former Bi-Lo shopping center
- Zoned C-2 CD (Gaston County - Highway Commercial)
- Four ±1,200 SF retail units (tenants include Little Caesars, Kim Nails, China City, and one vacant unit)
- ±7.07 acres with 243 parking spaces
- ±42,680 SF anchor space - VACANT
- Adjacent to Mattamy Homes’ Westfall residential development (over 125 townhomes and 175 single-family homes)
Executive Summary
Piedmont Properties of the Carolinas, Inc. is pleased to present the opportunity to acquire a ±46,200 square foot neighborhood shopping center situated on ±7.07 acres with 243 parking spaces, offering a strong physical footprint and immediate value-add potential. The property is anchored by a ±42,680 square foot vacant former grocery store, presenting a compelling opportunity for re-tenanting to drive future income and enhance overall asset value. Complementing the anchor are four ±1,200 square foot inline retail spaces, three of which are currently leased to established tenants including Little Caesars, Kim Nails, and China City, providing stable in-place cash flow with additional upside through lease-up of the remaining vacant unit. The property is adjacent to Mattamy Homes’ Westfall residential development, which will deliver over 125 townhomes and 175 single-family homes to the area, positioning the center to benefit from ongoing residential growth, increased consumer demand, and long-term appreciation within the surrounding market.
Property Facts
Sale Type
Investment
Property Type
Building Size
46,200 SF
Building Class
C
Year Built
1995
Price
$3,750,000
Price Per SF
$81.17
Percent Leased
8%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
7.07 AC
Zoning
C-2 (CD)
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 138695 | Improvements Assessment | $1,701,790 |
| Land Assessment | $507,770 | Total Assessment | $2,209,560 |
Property Taxes
Parcel Number
138695
Land Assessment
$507,770
Improvements Assessment
$1,701,790
Total Assessment
$2,209,560
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Leased Inline Shops + Anchor Opportunity | 1925-1955 Davis Park Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.

