1854 Catawba Vly SE Blvd, Hickory, NC 28602-4145
This 2,913 square foot restaurant in Hickory, NC, is available for $1,700,000. Located on 0.86 acres in a shopping center with national retailers like Target and Dick's Sporting Goods, this single-tenant, 100% occupied property offers significant value. The building, constructed in 2000 and renovated five years ago, features a spacious dining room and outdoor patio. The property includes 35 parking spaces and is zoned PD. This turnkey operation presents a unique opportunity for investors and entrepreneurs to acquire a fully equipped restaurant without the challenges of starting from scratch. The land alone is valued at $575,000 per acre, adding to the investment potential. The property operates under a NNN lease and is offered for sale by owner. This is a value-add opportunity with high potential for growth and success in a desirable location. The property's strong tenant occupancy and prime location within a thriving shopping center make it an attractive investment. The existing infrastructure and equipment eliminate the need for significant upfront investment, allowing for a quicker return on investment. This is a rare opportunity to acquire a successful restaurant business in a high-traffic area with established brand recognition. Don't miss this chance to capitalize on this exceptional investment.
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Bubblys Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Hickory, NCHickory. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.