The Mosteller Estate is Hickory's only true lifestyle opportunity with a mixture of high end apartments, townhomes, retail and office space available. 2,000 - 40,000 sf currently available in the Estate's commercial component. Unique opportunities exist for a catering/restaurant/market concept to take advantage of the many weddings and corporate functions functions held on the grounds. Formal wear retailers should take note as well. Other categories that would fit well include ice cream / sweets, mid to upper end apparel, casual restaurants, upper end salons, and gifts.

Area Description
This opportunity is located along the major retail corridor of the Trade area which boasts 392,000 in population. Directly in front of the site is Carmike Cinemas, the dominant theater in the market with 14 screens (recently expanded from 12.) Within walking distance behind the site are 650 households. Across Catawba Valley Blvd. are Valley Hills Mall, an 850,000 sf mall owned by General Growth Properties and The Hickory Furniture Mart, which brings 400,000 high end furniture shoppers a year to the market.

Stats
Trade Area: 392,000 SF
Annual Retail Sales: $1.8B
SF Available: 2,000 - 40,000
Traffic Generators: Mosteller and Forrest Hills residential communities: 650 households with pedestrian access
Mosteller Mansion: 14,000 SF mansion hosting weddings and other special events
Valley Hills Mall: 850,000 SF General Growth owned property nearby
Carmike Cinemas: 14-screen theater adjoins site
Hickory Furniture Mart: draws 400,000 high end furniture shoppers annually

For more information please contact Jeffrey Mullis at (704)759-3800 or click here to get more details.