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140 Us Highway 321 NW
Hickory, NC 28601 West Hickory-Westmont

$2,523,000 USD

Convenience Store For Sale  •  2,824 SF

Property Details

• Property Type Convenience Store
• Total Building Size 2,824 SF
• Lot Size 1.57 AC
• Building Class C
• Year Built 1982
• Cap Rate 5.35 %
• Tenancy Single
• Zoning C-2

0 Transit Score

48 Walk Score

Highlights

Strong lease fundamentals - 8% rental increases every 5 years of initial term.

Investment grade tenant - Murphy USA has a market cap of $10.45B with over 1,700 locations.

High growth and affluent trade area - average growth rate of 1.22% annually.

Positioned in a dense industrial node. 3.7M SF of industrial space within 1-mile radius.

1 Mile from Appalachian State University's Hickory Campus.

Property Flyers

Hickory, NC - Murphy USA - 5.35%

Cap Rate:

5.35 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Murphy USA	2,824 SF	12/31/2044