1716 Us Highway 70 SE | Hickory, NC 28602
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- LoopNet Team
1716 Us Highway 70 SE
Hickory, NC 28602
Celebration Station · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Location on Highway 70 SE, immediately adjacent to intersection with±60,000 cars daily
- Long-term leases with strong rental increases
- Recently remodeled strip center with excellent visibility, parking, ingress and egress
- Upside Potential: Current 6.25% cap rate and Proforma 7%+ cap rate
- Across from the Convention Center, 6 hotels, The Home Depot, Chick-Fil-A, Chipotle, Wendy’s, Arby’s and many more
- Less than an hour from Charlotte, NC, with dynamic population and economic growth
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,692 SF
Building Class
C
Year Built
1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.64 AC
Zoning
C-3 - Commercial
Parking
81 Spaces (5.16 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 3712184045710000 | Improvements Assessment | $1,320,900 |
| Land Assessment | $1,071,600 | Total Assessment | $2,392,500 |
PROPERTY TAXES
Parcel Number
3712184045710000
Land Assessment
$1,071,600
Improvements Assessment
$1,320,900
Total Assessment
$2,392,500
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