A newly constructed, one-story commercial retail building containing 14,537+/- sf on approximately 4.557 acres. The property is located on the northwest corner of U.S. Highway 321 NW and 14th Avenue Circle NW. Both arterials are multi-lane, with traffic counts exceeding 52,000 vehicles per day. Access to the property is offered on 14th Avenue Circle NW.
Details
Built in 2004, the exterior consists of a masonry brick with roofs on the canopies and entrance marquee. On the northwest side of the building is a covered drive-thru window. The property offers ample parking with 71 paved parking spaces. The interior provides an open floor plan with 12 foot to 14 foot ceilings. Also included is office space, a break room and two restrooms.
The property is zoned PD-SC, Planned Development Neighborhood Shopping Center District. This zoning allows for commercial uses including retail stores, specialty stores, department stores or medical office. The immediate area consists of a diverse mixture of commercial, industrial, residential and older mixed properties.
Deed Restrictions: RX and RX Parking, please refer to the appropriate section in the Property Information Package for more detail.
Bidding Instructions: Please refer to the Terms of Sale for required Bidder Deposit and Deadlines.
Note: A Buyer’s Premium will apply for this property. Please see Terms of Sale for details.
To receive the property information package, please complete, sign, and return the
confidentiality and non-reliance agreement to Williams & Williams.
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Reference
7523-1 DF-1336-KS-BB/12-2009
Broker Licences
1501 Hwy 321 W Hickory, NC 28601
Beginning at an iron rebar set located along the southwestern margin of the right of way of US Highway
321, said iron rebar set also being located at the northeastern most corner of that certain property owned
by Chen Fee, LLC (now or formerly) as described in that certain document recorded in Book 2527 at Page
424 and Book 2527, Page 438 of the Catawba County Registry and the southeastern most corner of that
certain property owned by Linwood M. Brittain (now or formerly) as described in that certain document
recorded in Book 1218 at Page 656 of the Catawba County Registry, and said iron rebar set being located
S 39-33-17 E a distance of 10.79 feet from an existing right of way monument located along said
southwestern margin of the right of way of US Highway 321, said iron rebar set also being located N 74-
09-18 E a distance of 0.88 feet from a ¾" existing iron pipe; running thence from said Beginning point
along said southwestern margin of the right of way of US Highway 321 S 39-33-17 E a distance of 208.55
feet to an iron rebar set; thence continuing along the southwestern margin of the right of way of US
Highway 321 S 39-19-42 E a distance of 37.18 feet to an iron rebar set at the northernmost corner of a
new roadway (14th Avenue Circle N.W.); thence leaving the southwestern margin of the right of way of
US Highway 321 and running along the northern boundary of the right of way of said new road the
following three (3) courses and distances: (1) S 56-58-29 W a distance of 76.36 feet to an iron rebar set;
(2) along the arc of a circular curve to the right having a radius of 474.00 feet an arc distance of 339.31
feet (said arc being subtended by a chord having a bearing S 77-28-56 W and a chord distance of 332.11
feet) to a nail set; and (3) N 82-00-36 W a distance of 158.11 feet to an existing No. 4 rebar; thence
leaving the northern margin of the aforesaid new road and running along the eastern property line of
Record Properties, Inc. (Book 2121 Page 844 and Book 2381 Page 1274) N 08-00-19 E a distance of
166.63 feet to an iron rebar set; running thence along the northern property line of the aforesaid
property owned by Record Properties, Inc. N 84-53-10 W a distance of 401.25 feet to an existing 1 1/4"
pipe located in the boundary of the aforesaid property owned by Linwood M. Brittain; running thence
along the common boundary lines of the aforesaid property owned by Chen Fee, LLC and the aforesaid
property owned by Linwood M. Brittain the following two (2) courses and distances: (1) N 29-48-28 E a
distance of 182.45 feet to an existing ¾" angle iron; and (2) S 83-24-29 E a distance of 678.68 feet to
the point or place of Beginning, containing 4.557 acres and being more particularly shown on that certain
ALTA Survey dated September 8, 2004 prepared by Allied Associates, P.A., reference to which survey is
hereby made.
1501 Hwy 321 W Hickory, NC 28601
PROPERTY MAY BE SUBJECT TO UNDISCLOSED CITY/COUNTY REQUIREMENTS FOR TRANSFER AND BUYER AGREES TO BE RESPONSIBLE FOR COMPLIANCE INCLUDING ALL COSTS AND REMEDIATIONS THAT MAY BE NECESSARY INCLUDING BUT NOT LIMITED TO ESCROWING OF FUNDS, IMPROVEMENT UPON PROPERTY ETC.
Each high bidder must make a 10% ($2,500 MINIMUM - whichever is greater) non-refundable deposit per property immediately following auction. Cash, cashier's checks, and personal checks (electronically processed) are accepted.
Seller shall have 7 business days to approve the high bid.
CLOSING SHALL TAKE PLACE ON OR BEFORE 30 DAYS FROM SELLERS ACCEPTANCE DATE.
A 3% Buyers premium will apply to this property .
NC RE LIC 220266 DEAN C. WILLIAMS BROKER
RE LIC 22778 JERRY KING BROKER
W&W RE LIC C6474
AUC LIC 7956 MONTE W. LOWDERMAN AUCTIONEER
AUC LIC 8334 THOMAS EDWARD BARNES III AUCTIONEER
AUC LIC 4573 THOMAS L. WILLIAMS AUCTIONEER
AUC LIC 1010 JERRY KING AUCTIONEER
AUC LIC 8824 JOHN NICHOLLS AUCTIONEER
W&W AUC LIC 7725