Gastonia Commercial Real Estate Market
Gastonia's commercial market is defined by its relationship to Charlotte — close enough (25 miles west on I-85) to capture metro growth spillover, far enough to offer cap rates 150 to 250 basis points above comparable Charlotte properties. This yield differential attracts a steady stream of investors who understand that Gastonia's rental income is supported by the same Charlotte metro employment base while offering substantially better cash-on-cash returns. The I-85 corridor between Gastonia and Charlotte is experiencing significant residential development that drives downstream commercial demand.
CaroMont Health operates the county's largest hospital and employs thousands, anchoring medical office demand along Cox Road, Union Road, and the New Hope Road medical corridor. Industrial demand along I-85 and US-321 benefits from both legacy textile infrastructure being repurposed for modern distribution and new speculative construction targeting Charlotte-area logistics tenants. Downtown Gastonia is in early-stage revitalization, with the FUSE District arts and entertainment district attracting new investment and creating emerging opportunities for adaptive reuse and restaurant properties.
For sellers, Gastonia presents an increasingly competitive market as Charlotte's growth radiates westward. Residential construction in eastern Gaston County is creating commercial demand that didn't exist five years ago. Properties with strong tenant credit, modern buildouts, and proximity to I-85 or the CaroMont medical campus attract the most aggressive buyer interest. The key to maximizing value is positioning your property within the Charlotte metro narrative rather than as a standalone Gastonia asset.
Top Property Types in Gastonia
Industrial & Warehouse
Gastonia's I-85 and US-321 corridors provide logistics connectivity that supports growing industrial demand. Legacy textile mills and manufacturing facilities are being repurposed for modern distribution, e-commerce fulfillment, and light manufacturing operations. New speculative industrial construction targets Charlotte-area tenants seeking lower occupancy costs. Properties with 24'+ clear heights, dock-high loading, and I-85 access within 2 miles trade most competitively. Food manufacturing, building materials, and automotive parts distribution are active tenant categories.
Retail & Service
CaroMont Health's hospital campus generates sustained medical office demand that provides income stability regardless of broader economic cycles. Properties along Cox Road, Union Road, and New Hope Road serve physician practices, outpatient therapy, diagnostic imaging, and specialty clinics. Multi-tenant medical buildings with diversified tenant mixes — combining primary care, orthopedics, cardiology, and dental — attract the broadest buyer interest and achieve the tightest cap rates in the Gastonia market.
Office & Medical
Gastonia's retail market serves a county population exceeding 230,000, with primary commercial corridors along Franklin Boulevard, Cox Road, and the East Garrison Boulevard area. Grocery-anchored centers with Harris Teeter, Food Lion, or Aldi anchors remain the most liquid retail asset class. The FUSE District downtown is creating emerging demand for restaurant and entertainment properties. Charlotte commuter households in eastern Gaston County support newer retail development along the I-85 corridor.
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Cap rates in Gastonia are higher than Charlotte, reflecting the transitioning economy. Improving fundamentals may compress rates over time.
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