951-264-5994
1940 US Highway 70 SE, Hickory, NC for Sale
Retail - FOR SALE
1/5
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1940 US Highway 70 SE
Hickory, NC 28602
Outer City Of Hickory


HIGHLIGHTS

  • Located at the Valley Hills Mall with access and visibility to Highway 70 which is the main retail corridor in the market
  • Nearby retailers include Home Depot. Academy Sports, Target, TJ Maxx, Best Buy, Dicks, and others
  • High traffic volume in front of the site
  • Property can be leased to a single tenant or split for multiple users
  • Located on approximately 12 acres

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to market for sale At Valley Hills, a former Sears anchor to the Valley Hills Mall in Hickory, North Carolina. Situated in the dominant retail epicenter of the Unifour region, the asset offers a tremendous redevelopment opportunity to reimagine one of the most significant parcels along the US Highway 70 SE corridor. The subject property is part of a super-regional mall that draws from a high-growth submarket with a local population of over 70,000 people within a 5-mile radius and a massive regional trade area of over 374,000 people. Totaling 179,841 square feet, the former Sears is presently unencumbered by any tenant leases, affording immediate redevelopment potential. The asset includes 169,573 square feet of anchor space connected to the Valley Hills Mall and an 10,268 square foot former auto service center. This 12.2 acre site features direct access from US Highway 70 SE, which serves as the primary commercial artery for the region and boasts over 4.3 million square feet of retail product within a one-mile radius of the subject property. The former Sears at Valley Hills Mall is being offered for sale without a formal asking price, free-and-clear of existing debt.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

260

LAND DETAILS

LAND ACRES

12.19 AC

LAND SF

530,996 SF

ZONING

C-3

APN/PARCEL ID

3711075953880000

ASK ABOUT THIS PROPERTY

Jordan GomezAtlantic Capital PartnersMore Info
951-264-5994

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Jordan GomezAtlantic Capital PartnersMore Info
951-264-5994

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.