Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Gym & Fitness Center
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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