Thursday, June 30, 2011

For Lease - 831 South Church St. Lowell NC


831 South Church St
Lowell NC

1236 SF Unit
1600 SF Unit
2400 SF Unit
Units Can Be Combined
All 10,000 SF Available

$10/SF/YR NNN


Market Area
Property is located in the heart of Gastonia’s retail district on South Church St. Lowell in the Franklin Square Area between E Franklin Blvd. with average traffic of  35,000+ cars/day and I-85 / Senator Marshall Arthur Rauch Hwy whose average traffic is 102,000+ cars/day. Franklin Square III has the highest volume movie theatre in North Carolina . Property signage visible from I-85. Retailers located in the immediate trade area include Home Depot, Wal-Mart, Lowe’s, Sams Club, Kohls, Kmart, Walgreens and Petsmart among others. A new Super Target is being constructed approximately 1.5 miles west of the property. Approximately 2 miles west is the Westfield-Eastridge Mall, a large regional mall anchored by Belk, Dillards, Sears, and JC Penney.


Price Comparision 
National Real Estate Research Company LoopNet says average rent in May 2011 was $16.96 per SF per Year and rose 2.6% in May alone.

Tuesday, June 28, 2011

ICM -A Construction Company

All the for lease space and property we develop and manage can make potential clients forget ICM is a General Contractor licensed for Building, Water/Sewer Utility Lines and Highway with extensive experience in metal buildings and roofing. Recently ICM became Lead Based Paint Renovation, Repair and Painting Certified for work on pre-1978 construction.

Click Here For More Information On ICM - A Construction Company

Tuesday, June 21, 2011

Gaston Commercial Real Estate Leasing Market

Currently Taranis Properties is 100% Leased.

Sucellus has 3 units available. One is 1,750 SF and is $1,095.00/month and the other two are 3500 sf at $2,190.00/month. Remember water/sewer, storm water fee, extrerior maintenance of building and grounds, dumpster and building insurance is included in those rates.

LLYR Properties still has space available at Franklin Square for $10/SF/Year NNN (Triple Net). This is the low cost entry point for retail space in the Franklin Square Area.

Also have (2) Lots available. First is Union Road Commercial Lot in front of Whithers and Whisenant Funeral Home with development work in place. Dare to say "shovel ready". Sell for $300,000.00 and Owner financing available OAC. Second is residentail lot in Lowell on the corner of Church St. and Walker for $29,900 and Owner financing available OAC. Licensed Contractor is part Owner of both lots and available to discuss construction.

Monday, June 6, 2011

Supply of Commercial Space in Gastonia May Be Tightening

At 2 T Park I have only (1) 1,750 SF Unit and (2) 3,500 SF Units available and I have none in the planning or construction stages. I doubt anyone else does either. Even a low demand will reduce supply if there is no supply being added.

Still have $10/Sf/Yr NNN space @ Franklin Square 1236, 1600 and 2400 sf retail store units but tire kickers are becoming serious lookers so I expect those to move.