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2395 Springs Rd NE
Hickory, NC 28601 Outer City Of Hickory

Price Upon Request

Freestanding For Sale  •  2,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,500 SF
  • Lot Size 1.64 AC
  • Building Class B
  • Year Built 2023
  • Tenancy Single
  • Zoning CC-1
0 Transit Score
53 Walk Score

Highlights

10-year corporate net lease to Starbucks Corporation
10% fixed rental increases every five years, providing a hedge against inflation
Investment grade tenant, rated “BBB+” by Standard & Poor’s
Strategically located outparcel to Walmart Neighborhood Market anchored shopping center
Near several national tenants, including Walmart Neighborhood Market, Walgreens, Arby’s, Zaxby’s, McDonald’s, Taco Bell, Sheetz and more
Projected average annual household income growth of more than 18% within 1-, 3-, 5-mile radii over the next five years