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140 Us Highway 321 NW
Hickory, NC 28601
Murphy USA · Retail Property For Sale
Investment Highlights
- Strong lease fundamentals - 8% rental increases every 5 years of initial term.
- High growth and affluent trade area - average growth rate of 1.22% annually.
- 1 Mile from Appalachian State University's Hickory Campus.
- Investment grade tenant - Murphy USA has a market cap of $10.45B with over 1,700 locations.
- Positioned in a dense industrial node. 3.7M SF of industrial space within 1-mile radius.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,824 SF
Building Class
C
Year Built/Renovated
1982/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.57 AC
Zoning
C-2 - Commercial
Parking
20 Spaces (7.08 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 2793208033080000 | Improvements Assessment | $878,100 |
| Land Assessment | $272,500 | Total Assessment | $1,150,600 |
Property Taxes
Parcel Number
2793208033080000
Land Assessment
$272,500
Improvements Assessment
$878,100
Total Assessment
$1,150,600
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