1716 Us Highway 70 SE - Storefront FOR SALE
Hickory, NC 28602 |
1716 Us Highway 70 SE
Hickory, NC 28602
HIGHLIGHTS
- Prime Location on Highway 70 SE, immediately adjacent to intersection with±60,000 cars daily
- Upside Potential: Current 6.25% cap rate and Proforma 7%+ cap rate
- Long-term leases with strong rental increases
- Across from the Convention Center, 6 hotels, The Home Depot, Chick-Fil-A, Chipotle, Wendy’s, Arby’s and many more
- Recently remodeled strip center with excellent visibility, parking, ingress and egress
- Less than an hour from Charlotte, NC, with dynamic population and economic growth
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Celebration Station
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding, Restaurant, Department Store
TOTAL BUILDING SIZE
15692
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
81
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
3712184045710000
