Vacant Sears Box at Valley Hills Mall_Property for Sale
Vacant Sears Box at Valley Hills Mall_Property for Sale
1940 US Highway 70 Southeast, Hickory, NC, 28602, US

Vacant Sears Box at Valley Hills Mall

Asset Description

Jones Lang LaSalle (“JLL”) has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire the former Sears box (the “Property”) at Valley Hills Mall in Hickory, North Carolina. The Property consists of +/- 179,844 net rentable square feet of existing improvements on a separately parceled 12.20 acre site along Hickory’s main retail corridor – US HWY 70 – which has 7.6 million retail square feet within 3 miles and boasts 20,500 vehicles per day. Located just off Interstate 40 (67,500 vehicles per day), the Property offers a premier location that will support a variety of business plans. The Property is zoned General Commercial District (“C3”), which allows for a variety of commercial uses. In addition, the site has the potential for two outparcels that would be perfect for quick-serve restaurants and other service-oriented retailers. Please refer to our offering memorandum for site plan configurations and more detail

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Attributes

Building area net
16,708 m²
Year built
1978
Land area gross
49,372 m²

Media

Investment Highlights

  • IMMEDIATE REPOSITIONING OPPORTUNITY OF FORMER SEARS BOX ON 12.20 ACRES
  • PREMIER LOCATION ALONG HICKORY'S MAIN RETAIL CORRIDOR (US HWY 70) - 20.500 VPD
  • THE REGIONAL COMMERICAL"C-3" ZONING ALLOWS FOR A WIDE VARIETY OF USES AND SERVICES
  • POTENTIAL TO DEVELOP TWO OUTPARCEL PAD SITES ADJACENT TO HWY 70
  • 2.9M ANNUAL VISITORS TO VALLEY HILLS MALL (PLACER.AI)

Contact brokers

Vacant Sears Box at Valley Hills Mall (0 Properties)

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Last updated
1 Jul 2024