INVESTMENT OFFERING
SAB Capital is pleased to present Hooter’s in Hickory, NC, 40 miles Northwest of downtown Charlotte. The lease features a triple-net (NNN) structure with over 2 years remaining in term. The tenant has operated here for over 20 years proving there loyalty to this site. The subject property boasts strong location fundamentals with with over 3 million square feet of retail space in a 1-mile radius.
- Hooters in Hickory, NC | 40 Miles Northwest of Downtown Charlotte
- Zero Landlord Responsibilities | Absolute Triple-Net (NNN) Lease Structure
- Corporate Guarantee | Hooters of America, LLC Boasts Over 200 Locations Nationwide
- Proven Long Term Location | Hooters has Operated Here for Over 20 Years
- Very Dense Retail Trade Area | 3,100,000 Square Feet of Retail Within 1-Mile
- Highly Trafficked Location | I-40 & Lenoir Rhyne Boulevard SE Sees Combined Over 67,500 Vehicles Per Day
- National Retailers Located Nearby | Home Depot, ALDI, Chick-Fil-A, and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Hooters | $1,596,774 | 7.75% | Absolute NNN | 3,844 | Available |