66 Us-321 Hickory, NC 28601
High-growth market, strong tenant, 15-year lease.
Overview
- Added:
- Feb 11
- Days on market:
- 75
Highlights
- $2,990,000 asking price for a Net Leased, Class A retail property.
- Absolute NNN lease with corporate guarantee from Chipotle.
- 15-year lease (11/21/2024 - 12/01/2039), with four 5-year renewal options and 10% rent increases every 5 years.
- 2,325 square feet, 100% occupancy, $145,000 NOI, 4.85% cap rate.
- Located on 0.92 acres at 66 US-321, Hickory, NC 28601, a high-traffic retail corridor.
- New construction, Habanero prototype Chipotle with a Chipotlane drive-thru.
Property Details for 66 Us-321
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,325 SF
- Class
- A
- Year Built
- 2024
- Lot Size (sq. ft)
- 40,075 SF
Location Insight
- City
- Hickory
- County
- Catawba
- State
- North Carolina
- Latitude
- 35.732502246763
- Longitude
- -81.365128517202
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-growth market, strong tenant, 15-year lease.
- Where is the retail property located?
- The property is located at 66 Us-321 Hickory, NC.
- What is the asking price?
- The asking price for this property is $2,990,000.
- What are key features of this property?
- This property features: $2,990,000 asking price for a Net Leased, Class A retail property.; Absolute NNN lease with corporate guarantee from Chipotle.; 15-year lease (11/21/2024 - 12/01/2039), with four 5-year renewal options and 10% rent increases every 5 years.
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