1211 13th Ave Dr SE
Hickory, NC 28602
Outer City Of Hickory
HIGHLIGHTS
- Zero Landlord Responsibilities | Absolute Triple-Net (NNN) Lease Structure
- Corporate Guarantee | Hooters of America, LLC Boasts Over 200 Locations Nationwide
- Proven Long Term Location | Hooters has Operated Here for Over 20 Years
- Very Dense Retail Trade Area | 3,100,000 Square Feet of Retail Within 1-Mile
- Highly Trafficked Location | I-40 & Lenoir Rhyne Boulevard SE Sees Combined Over 67,500 Vehicles Per Day
- National Retailers Located Nearby | Home Depot, ALDI, Chick-Fil-A, and Many More
OVERVIEW
SAB Capital is pleased to present Hooter's in Hickory, NC, 40 miles Northwest of downtown Charlotte. The lease features a triple-net (NNN) structure with over 2 years remaining on term. The tenant has operated here for over 20 years proving there loyalty to this site. The subject property boasts strong location fundamentals with with over 3 million square feet of retail space in a 1-mile radius.
FOR SALE DETAILS
PRICE
$1,596,774 USD
PRICE/SF
$415 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hooters
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
COM
APN/PARCEL ID
3712183118770000
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