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Long Term Ground Lease
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1862 US Hwy 70 SE, Hickory, NC 28602

Commercial property for sale with long term ground lease.

Property Size510 SF
Price / SF$4,084
Days on Market158

Property Features for 1862 US Hwy 70 SE

General Information

Standard status Active
Size 510 SF
Class A
Property subtype Retail
Zoning C-3

Building Details

Year Built 2026
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 3 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners

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

Current Use

First Citizens Bank ... Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Garden Center Restaurant

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 Hwy 70 SE Hickory, NC.
What is the asking price?
The asking price for this property is $2,083,000.
What are key features of this property?
This property features: 6.00% CAP Rate; Long Term Ground Lease; Year Built: 2026
(704) 375-7771 Call to check price and availability
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