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    2515 Springs Rd Hickory, NC 28601

    Sponsored
    For Lease
    $15 SF/Yr

    Hickory, NC Retail Center - High Visibility

    Lot size:
    81,208 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity presents Springs Corner Shopping Center, a Class B property located at 2515 Springs Rd NE in Hickory, North Carolina. The center boasts a total of 81,208 square feet across two single-story buildings, situated on a generous 10.08-acre lot. Built in 1995 and renovated in 2001, the property offers ample parking with 300 spaces available for customers and tenants. Currently, there is 36,830 square feet of vacant space available, presenting a significant opportunity for expansion or new tenants. The available spaces range in size from 630 square feet to 39,601 square feet, catering to a variety of retail businesses. The property's location in Catawba County (APN: 372309271091), with its high visibility and convenient access, makes it an attractive proposition for investors seeking a strong return. The multiple tenancy structure provides diversification and potential for increased rental income. This well-maintained center offers a solid foundation for future growth and profitability in a thriving retail market. The property's size, location, and existing infrastructure make it an ideal investment for both experienced and emerging investors in the North Carolina retail sector. The significant vacant space presents a unique opportunity to customize the property to meet the needs of prospective tenants and maximize rental income.

    Property Features for 2515 Springs Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,208 SF
    Class
    B
    Total Rate
    101510

    Building Details

    Year Built/Renovated
    1995/2001
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    2515A
    Size
    39,601 SF
    Space
    2473
    Size
    630 SF
    Rate per SF
    $15

    HighLights

    • Exceptional visibility with 41,000 vehicles per day passing by on Springs Road NE and McDonald Parkway.
    • Prime retail location within a major commercial corridor.
    • Strategic proximity to Appalachian State University's upcoming satellite campus.
    • Strong co‑tenancy with a high‑performing Walmart Neighborhood Market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jeffrey B. Mercer, ... Pharmacy Workout Anytime Hickory Gym Darren Crow Pharmacy

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.2840568
    Latitude
    35.7546685

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    FAQs

    What type of property is this?
    Retail property - Hickory, NC Retail Center - High Visibility
    Where is this retail property located?
    The property is located at 2515 Springs Rd Hickory, NC.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    What are key features of this property?
    This property features: Exceptional visibility with 41,000 vehicles per day passing by on Springs Road NE and McDonald Parkway.; Prime retail location within a major commercial corridor.; Strategic proximity to Appalachian State University's upcoming satellite campus.
    Request Owner's contact information
    2515 Springs Rd Hickory, NC 28601
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    Hickory, NC 28601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2515 Springs Rd Hickory, NC 28601
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