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    1240 Us Highway 70 Hickory, NC 28658

    For Lease
    Contact for pricing

    Prime Retail Building, Hickory, NC

    Lot size:
    10,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10,400-square-foot retail property, located at 1240 US Hwy 70 SW in Hickory, North Carolina, presents a significant opportunity for investors and businesses alike. Previously occupied by a Family Dollar, the entire building is currently vacant, offering a blank canvas for a new tenant or a complete redevelopment. The property's single-tenant configuration simplifies management and provides a cohesive brand presence. Situated in Catawba County, this location benefits from high visibility and accessibility along a major highway, ensuring substantial foot and vehicle traffic. The building's substantial size allows for a wide range of retail uses, from a large-format store to multiple smaller businesses. The property is available for both sale and lease, providing flexibility for potential buyers and lessees. This is an ideal opportunity to establish a strong retail presence in a thriving North Carolina market. The property's address is 1240 US Hwy 70 SW, Hickory, NC 28658. With its prime location and ample square footage, this property offers significant potential for growth and return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is classified as Commercial Retail.

    Property Features for 1240 Us Highway 70

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,400 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    10,400 SF

    HighLights

    • 10,400 SF former Family Dollar available for lease or sale.
    • High‑visibility corner lot at the signalized intersection of US Hwy 70 SW and 13th St SW.
    • Ideal for retail, automotive, or medical uses.
    • Excellent access to Hwy 321 (39,500 ADT).
    • Price and NNN expenses available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hillside Motors Inc Used Car Dealer caleb-the-car-guy Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hickory
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.3621087
    Latitude
    35.723243

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Building, Hickory, NC
    Where is this retail property located?
    The property is located at 1240 Us Highway 70 Hickory, NC.
    What are key features of this property?
    This property features: 10,400 SF former Family Dollar available for lease or sale.; High-visibility corner lot at the signalized intersection of US Hwy 70 SW and 13th St SW.; Ideal for retail, automotive, or medical uses.
    Request Owner's contact information
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    Hickory, NC 28658
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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
    1240 Us Highway 70 Hickory, NC 28658
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