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2181 US Highway 70 SE
Hickory, NC 28602
Chili's Ground Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Excellent Store Sales | 2019 Subject Store Sales Were 54% Greater Than the Average Systemwide Chili's Sales
  • Signalized Corner Parcel
  • Absolute Net Ground Lease | No Landlord Responsibilities
  • Corporate Guaranty | Brinker International, Inc.
  • Tenant Exercised 2nd Renewal Option in April 2021 | Tenant Has Exercised Two, 5-Year Options of Original Five, 5-Year Options
  • Approx. 5 Minutes From Catawba Valley Medical Center | 258 Beds

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
6,002 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.18 AC
Zoning
COM
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
94’ on US Highway 70 SE

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3711087981610000
Land Assessment
$771,000
Improvements Assessment
$0
Total Assessment
$771,000
  • Listing ID: 23515570

  • Date on Market: 6/25/2021

  • Last Updated:

  • Address: 2181 US Highway 70 SE, Hickory, NC 28602

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