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1925-1955 Davis Park Rd
Gastonia, NC 28052
Leased Inline Shops + Anchor Opportunity · Retail Property For Sale


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
$5,115,450 CAD
Price Per SF
$110.72 CAD
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 | $2,361,438 CAD |
| Land Assessment | $704,592 CAD | Total Assessment | $3,066,030 CAD |
Property Taxes
Parcel Number
138695
Land Assessment
$704,592 CAD
Improvements Assessment
$2,361,438 CAD
Total Assessment
$3,066,030 CAD
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