Shopping Center with Anchor
For Sale
Contact for pricing
Pending
1940 US Highway 70 SE, Hickory, NC 28602
Unleased former anchor space connects to the mall and includes a separate auto service center.
Property Size179,841 SF
Lot Size12.20 Acres
Days on Market42
Property Features for 1940 US Highway 70 SE
General Information
Standard status
Pending
Size
179,841 SF
Lot size
12.20 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
The Providence Group
Listed By:
Wes Thurmond · License #NC
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Apr 12 at 4:07AM
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 The Providence Group
Investment Insights
Based on property information with market context.
The property comprises 179,841 square feet within the Valley Hills Mall complex, including 169,573 square feet of connected anchor space and a 10,268-square-foot former auto service center. Built in 1978, the improvements occupy a 12.2-acre site and are currently free of tenant leases, supporting immediate redevelopment planning.
Located at 1940 US Hwy 70 SE in Hickory, the property has direct access to US Highway 70 SE, the region’s primary commercial corridor. The surrounding one-mile area contains more than 4.3 million square feet of retail product. The trade area includes over 70,000 residents within five miles and more than 374,000 people across the broader region.
Located at 1940 US Hwy 70 SE in Hickory, the property has direct access to US Highway 70 SE, the region’s primary commercial corridor. The surrounding one-mile area contains more than 4.3 million square feet of retail product. The trade area includes over 70,000 residents within five miles and more than 374,000 people across the broader region.
Key Highlights
- 179,841‑square‑foot former Sears property within Valley Hills Mall
- 169,573 square feet of anchor space connected to the mall
- 10,268‑square‑foot former auto service center
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
1.3M
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 34%
Shops & Services 19%
Dining 15%
Superstores 11%
Target
Superstores
138,151 visits/mo
0.3 miles
Academy Sports + Outdoors
Apparel
87,937 visits/mo
0.3 miles
T.J. Maxx
Apparel
74,377 visits/mo
0.4 miles
Kohl's
Apparel
74,249 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
71,301 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Hickory Ridge — 1832 Catawba Valley Blvd SE, Hickory, NC 28602
- Valley Hills Mall — 1960 US Hwy 70 SE, Hickory, NC 28602
- Sunglass Hut — 1960 US-70 #152, Hickory, NC 28602
- Without Boundaries Halloween Store — 1960 US Hwy 70 SE Unit 264, Hickory, NC 28602
- Valley Crossing — 2165 US Hwy 70 SE, Hickory, NC 28602
Frequently Asked Questions
What type of property is this?
Shopping center - Unleased former anchor space connects to the mall and includes a separate auto service center.
Where is this shopping center located?
The property is located at 1940 US Highway 70 SE Hickory, NC.
What are key features of this property?
This property features: 179,841‑square‑foot former Sears property within Valley Hills Mall; 169,573 square feet of anchor space connected to the mall; 10,268‑square‑foot former auto service center
