Building Details

Building Size 3,308 SF

Year Built 1987

Listing Agency: Lee & Associates - Raleigh Durham

Listed By: James Bailey · License #311081 Show Phone

Source: Lee-associates

Added: Mar 27 Changed: Sep 24 Last Checked: Sep 26 at 5:23AM

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Investment Insights

Based on property information with market context.

This commercial real estate property features a long-term ground lease and a capitalization rate of 6.00%. The property has a size of 510 square feet and is classified under NNN properties, specialty properties, and other NNN properties.

Key Highlights

• 6.00% CAP Rate
• Long Term Ground Lease
• Year Built: 2026

Property Analytics

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Current Use

First Citizens Bank ... Atm

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Plumbing Service Carpet & Flooring Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

319

Businesses Nearby

Explore this area Business Placement

Demographics for 28602, NC

29,184

Population

12,941

Households

2.3

Avg Household Size

42

Median Age

18%

College-Educated

87%

High-School Grad

70.7 sq mi

ZIP Area

413

Density / Sq Mi

$56,031

Median Household Income

$36,519

Median Earnings

$830

Median Rent

$180,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Commercial property for sale with long term ground lease.

Where is this nnn property located?

The property is located at 1862 US Highway 70 SE Hickory, NC.

What are key features of this property?

This property features: 6.00% CAP Rate; Long Term Ground Lease; Year Built: 2026