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SOLD | Grocery Anchored Neighborhood Shopping Center

2204-2212 Union Road
Gastonia, NC 28054
PRICE : Contact Bull Realty for information
PROPERTY TYPE: Retail
SITE SIZE: 8.50 Acres
BUILDING SIZE: 62,230 SF

Description

Union Hudson Crossing is an approximately 62,230 square foot Bi-Lo grocery anchored neighborhood shopping center. This well located, 100% leased, neighborhood retail center is anchored by Bi-Lo and Family Dollar which constitutes 82% of the GLA. Anchor tenants enjoy strong store sales and inline tenant rents are below comparable market rates. Union Hudson Crossing is located on a main retail corridor on the corner of Hudson Boulevard and Union Road.

Built in 1993, this center is near completion of a full renovation. Scheduled completion date of all capital improvements is September 2013. In 2012 the center received a new roof and current renovations include a new 1.5 inches overlay to the parking lot accompanied by new, energy efficient, parking lot lighting and poles. This attractive and well maintained brick and stucco center sits on 8.5+/- acres at the intersection of W. Hudson Blvd and Union Road in Gastonia, NC.

Gastonia is situated in the Charlotte MSA and located less than 25 minutes south of Charlotte, NC, North Carolina’s largest city. Gastonia is conveniently located just off I-85 and is located three and a half hours north of Atlanta, two hours north of Greenville, SC.

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