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Hickory Village 505-573 US 70 Hwy SW 1,961 - 13,261 SF of Retail Space Available in Hickory, NC 28602
HIGHLIGHTS
- The property benefits from multiple access points
- Part of the Hickory-Lenoir-Morganton MSA, with a population of over 365,000 and continued residential and commercial growth
- Water and sewer available
- Direct signalized entrance
- Outparcels Available – ground lease or build-to-suit
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11 | 2,294 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 12 | 3,070 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 14A | 3,942 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 5 | 1,961 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 6 | 1,994 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
527-573 US 70 Hwy SW - 1st Floor - Ste 11
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
527-573 US 70 Hwy SW - 1st Floor - Ste 12
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
505-577 US Highway 70 SW - 1st Floor - Ste 14A
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
527-573 US 70 Hwy SW - 1st Floor - Ste 5
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
527-573 US 70 Hwy SW - 1st Floor - Ste 6
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT HICKORY VILLAGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Big Lots
- Discount Store
- 571
- International
- CHEF'STORE
- Wholesale Club
- 98
- National
- Lumber Liquidators
- Floor Covering
- 381
- National
- Plush Kutz
- Salon/Barber/Spa
- 1
- Local
- Shoe Show
- Shoes
- 547
- National
- State Electric Supply Co
- Appliances
- 1
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Big Lots | Discount Store | 571 | International |
| CHEF'STORE | Wholesale Club | 98 | National |
| Lumber Liquidators | Floor Covering | 381 | National |
| Plush Kutz | Salon/Barber/Spa | 1 | Local |
| Shoe Show | Shoes | 547 | National |
| State Electric Supply Co | Appliances | 1 | National |
PROPERTY FACTS
| Total Space Available | 13,261 SF | Frontage | 1,130’ on US 70 Hwy SW |
| Center Type | Community Center | Gross Leasable Area | 129,200 SF |
| Parking | 480 Spaces | Total Land Area | 76.78 AC |
| Stores | 4 | Year Built | 1966 |
| Center Properties | 3 |
| Total Space Available | 13,261 SF |
| Center Type | Community Center |
| Parking | 480 Spaces |
| Stores | 4 |
| Center Properties | 3 |
| Frontage | 1,130’ on US 70 Hwy SW |
| Gross Leasable Area | 129,200 SF |
| Total Land Area | 76.78 AC |
| Year Built | 1966 |
ABOUT THE PROPERTY
± 120,000 SF shopping center renovated in 2022, Hickory Village is conveniently located near Hwy 70, Hwy 321 and I-40, allowing for ease of access to a regional population. The Center has over 1,000 feet of frontage along Hwy 70 with multiple access points including direct signalized access.
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Hickory Village | 505-573 US 70 Hwy SW
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