2910 Ctr St Hickory, NC 28601-1159
This exceptional 7,000 square foot, multi-tenant retail storefront in Hickory, NC, presents a compelling investment opportunity. Located at the signalized intersection of North Center Street and 29th Avenue Northeast, this property boasts high visibility with 42,901 vehicles passing daily. It's an outparcel to a Lowe's Foods-anchored shopping center, surrounded by national retailers like Publix, Walgreens, and Lowe's, ensuring consistent traffic. The center is 100% leased to four tenants, including Sport Clips, generating a strong net operating income (NOI) of $222,300 and a 6.85% cap rate. Built in 2018, this single-building property sits on a 0.92-acre lot. The property benefits from a strong demographic profile, with an average annual household income of $95,108 within one mile and 71,143 residents within five miles. Its proximity to major employers, tourist attractions (including Lake Hickory and South Mountains State Park), and residential communities like Hawks Landing Luxury Apartments further enhances its value. This 1031 exchange-eligible property offers a stable, high-performing investment with significant growth potential. The property is offered at $3,246,000.
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Tailored Smoke Bar & Pub
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
CC-1 · 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.