1940 US Hwy 70 SE, Hickory, NC 28602

Atlantic Capital Partners has been exclusively engaged to market for sale At Valley Hills, a former Sears anchor to the Valley Hills Mall in Hickory, North Carolina. Situated in the dominant retail epicenter of the Unifour region, the asset offers a tremendous redevelopment opportunity to reimagine one of the most significant parcels along the US Highway 70 SE corridor. The subject property is part of a super-regional mall that draws from a high-growth submarket with a local population of over 70,000 people within a 5-mile radius and a massive regional trade area of over 374,000 people.

Totaling 179,841 square feet, the former Sears is presently unencumbered by any tenant leases, affording immediate redevelopment potential. The asset includes 169,573 square feet of anchor space connected to the Valley Hills Mall and an 10,268 square foot former auto service center. This 12.2 acre site features direct access from US Highway 70 SE, which serves as the primary commercial artery for the region and boasts over 4.3 million square feet of retail product within a one-mile radius of the subject property.

The former Sears at Valley Hills Mall is being offered for sale without a formal asking price, free-and-clear of existing debt.