1102 Dallas Cherryville Hwy
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Overview / Comments
Autozone store with 10+ years left on the initial term. Lease has four 5-year extension options. NOI: $96,000/year. CAP Rate: 5.25. Located in Gaston County, NC, the eighth largest county in NC with a population of over 210,000 and only 30 minutes from Charlotte. The site is located at the busy intersection of Dallas Cherryville Hwy (20,000 vehicles/day) and US Hwy 321, a four-lane limited access highway (38,000 vehicles/day). Nearby properties include: Walgreens, McDonalds, Dollar General, Bojangles, Dairy Queen, Kentucky Fired Chicken, Arbys, Food Lion, CVS, Wells Fargo, Ingle's, BB&T and Gaston College.
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