Wednesday, October 14, 2009

New Listings for Gaston Office, Retail & Flex Space

It has been some time since I did a straight forward Listing Blog of the properties I own and/or represent.

820 South Main St Lowell NC – Exit 22 I-85 just behind the KIA Dealer - Space Available Nov 1st – Call Sam Fleeman 704-363-4738 for Details

831 South Church St. – Across from Theatre at Franklin Square and where Church St. crosses over I-85. Franklin Sq. Retail Space for $14/sf/year including utilities. Call Sal Lakhany 704-747-3786 Video

4475 Posterity Court – South New Hope to Stroupe Rd. to Posterity Court 2nd Building on the Left, End Unit at Road – 1,500 SF Unit with 1,000 SF in Office and 500 SF in Storage. Complete A/C. Eligible for Month to Month Program and $1,200.00/month which includes water/sewer/storm water/building and land county property taxes/dumpster. Video

4486 Posterity Court - South New Hope to Stroupe Rd. to Posterity Court 2nd Building on the Right, second unit from the far end – 1,500 SF Unit with 300 SF in Office and 1200 SF in Open for warehouse, showroom, retail or light mfg. Complete A/C. Eligible for Month to Month Program and $1,050.00/month which includes water/sewer/storm water/building and land county property taxes/dumpster.

4465 Posterity Court-Suite 100 - South New Hope to Stroupe Rd. to Posterity Court last Building on the left ,third unit from the street – 1,750 SF Unit for office, warehouse, showroom, retail or light mfg. Complete A/C. Eligible for Month to Month Program and $1,095.00/month which includes water/sewer/storm water/building and land county property taxes/dumpster. Video

4465 Posterity Court -Suite 110- South New Hope to Stroupe Rd. to Posterity Court last Building on the left , fourth and fifth unit from the street – 3,500 SF Unit for office, warehouse, showroom, retail or light mfg. Complete A/C. Eligible for Month to Month Program and $2,190.00/month which includes water/sewer/storm water/building and land county property taxes/dumpster. Under Construction

4465 Posterity Court Suite 130- South New Hope to Stroupe Rd. to Posterity Court last Building on the left , sixth and seventh unit from the street – 3,500 SF Unit for office, warehouse, showroom, retail or light mfg. Complete A/C. Eligible for Month to Month Program and $2,190.00/month which includes water/sewer/storm water/building and land county property taxes/dumpster. Under Construction

4465 Posterity Court -Suite 150- South New Hope to Stroupe Rd. to Posterity Court last Building on the left , eighth unit from the street – 1,750 SF Unit for office, warehouse, showroom, retail or light mfg. Complete A/C. Eligible for Month to Month Program and $1,095.00/month which includes water/sewer/storm water/building and land county property taxes/dumpster. Under Construction

4471 Posterity Court - South New Hope to Stroupe Rd. to Posterity Court last Building on the left , ninth and tenth unit from the street – 3,000 SF Unit for office, warehouse, showroom, retail or light mfg. Complete A/C. Eligible for Month to Month Program and $1,875.00/month which includes water/sewer/storm water/building and land county property taxes/dumpster. Under Construction

Besides the Blog Listing Please Go To My Web Site For Info, Video and Photo

Friday, October 9, 2009

Just Released Commercial Lease Exit 22 I-85

So new I do not have all the details but I know that a unit at 820 South Main St. Lowell NC (Exit 22 from I-85 and gateway to Franklin Square Shopping) will become available November 1st. Call Sam Fleeman Sr. at 704-363-4738 for details. Won't stay open for long.

Thursday, October 8, 2009

Supply of Commercial Space in Gastonia May Be Tightening

Looks like all the retail space near Franklin Square is going to be leased by November 1. I understand Agreements are in place or just pending execution. I am also fielding increased serious inquiries on the Flex Space.

Because new projects are few and far between due to the restricted lending and credit environment the supply of space you see now is not going to increase. Even current demand will slowly reduce the current available supply. If the pundants are correct and the economic recovery is underway an up tick in demand for space, almost any up tick, will quickly absorb the current supply.

To bring additional space on line from the starting point I think most developers are today, ground zero, would take at least a year and that assumes financing could be obtained at feasible costs and conditions.

The point is the market may be moving from more supply than demand to more demand than supply and that will mean rising rent rates. Now might be the time to start looking.