5 Locations

MULTIPLE PARCELS AVAILABLE FOR RE-DEVELOPMENT OR TENANTED IN DOWNTOWN GASTONIA

National Restaurant Properties is pleased to present this rare opportunity to pick up 8 combined parcels in the heart of Downtown Gastonia for a total of 2.5+/- acres of prime urban real estate. All tenancies in place are short-term, so the opportunity to redevelop these parcels in the near term is available. Or keep the tenants in place for time being.

Properties lie just inside the Downtown Gastonia Social District.

SELLER-FINANCING AVAILABLE

The owner is also willing to self-finance the purchase utilizing a bond-for-deed with only $400,000 Down using a 20-year amortization schedule with a balloon payment at the end of 7 years - 7% interest.

$1,995,000 Purchase Price

$400,000 Down Payment

$1,595,000 Financed Amount

(20-Year Amortization, 7% Interest, Balloon Payment in 7 Years)

$12,366 Monthly Payment

$7,500/Month In Current Rent Roll w/ Existing Tenants

Owner may entertain Interest-Only payments to accommodate development timeline.