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210 1st Ave NE
Hickory, NC 28601
Recent 10-Yr Lease Renewal | Sherwin-Williams · Retail Property For Sale
Investment Highlights
- Recent 10-Year Lease Extension with 8% rental increases in the option periods
- Long term operating history at this site for more than 50 years; demonstrating success & ongoing commitment
- Strategically located in downtown Hickory with more than 71,000 residents and 61,000 employees supporting the trade area
- Corporate guaranty; Investment Grade Credit (S&P: BBB)
- Essential retail, remained open & operating during COVID
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,750 SF
Building Class
C
Year Built/Renovated
1967/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.51 AC
Zoning
C-1
Frontage
167’ on 1st Ave
Property Taxes
| Parcel Number | 3702076998940000 | Improvements Assessment | $423,700 |
| Land Assessment | $88,900 | Total Assessment | $512,600 |
Property Taxes
Parcel Number
3702076998940000
Land Assessment
$88,900
Improvements Assessment
$423,700
Total Assessment
$512,600
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