760 N New Hope Rd - Medical FOR SALE


Gastonia, NC 28054
$1,500,012 USD
980-324-2373
760 N New Hope Rd, Gastonia, NC for Sale
$1,500,012 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

760 N New Hope Rd
Gastonia, NC 28054


HIGHLIGHTS

  • Positioned near a major hospital and key service hubs creating reliable demand.
  • Fully occupied with long-term tenants providing stable, predictable cash flow.
  • Recently improved exterior with modernized paint and upgraded parking surface.
  • Immediate access to Interstate 85 enabling convenient regional connectivity.
  • Located in an established commercial corridor supported by strong demographics.

OVERVIEW

Eastside Plaza presents a compelling investment opportunity for buyers seeking a stabilized, low-maintenance asset in a high-demand corridor. Ideally positioned at 760 N New Hope Road, the property sits just blocks from a major hospital and benefits from immediate connectivity to Interstate 85, making it a strategic location for employers, service providers, and medical-adjacent businesses. The surrounding area offers a balanced mix of residential neighborhoods, established commercial uses, and strong daytime population drivers that support consistent tenant demand. Constructed in 1994, this well-maintained, single-story structure totals 7,650 square feet and has recently undergone several key exterior improvements. Ownership has freshly painted the façade and completed a comprehensive reseal and restripe of the parking lot within the last few months, reducing near-term capital needs for the next investor. These enhancements elevate curb appeal and reinforce the property’s readiness for long-term hold strategies. The asset is fully occupied with long-term tenants, creating dependable in-place cash flow from day one. One of the tenants has maintained its presence for more than two years, demonstrating sustained performance and location commitment. The stability of the rent roll paired with the site’s OFF04 zoning allows flexibility for a range of professional and medical office users, adding future leasing resilience. Given its strategic positioning near healthcare anchors, its immediate access to major transportation arteries, and its turnkey operational condition, Eastside Plaza stands out as a secure, income-producing property with strong fundamentals. Investors seeking a reliable, low-touch asset with durable tenancy and continued upside within a growing market will find this offering especially attractive.

FOR SALE DETAILS

PRICE

$1,500,012 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eastside Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

OLC

APN/PARCEL ID

118427

ASK ABOUT THIS PROPERTY

Danny RichardsonEldrin LLCMore Info
980-324-2373

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Danny RichardsonEldrin LLCMore Info
980-324-2373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.