One Oak Investments Acquires Retail Property In Hickory, NC For $20.7M

The retail property located at 2154 US Highway 70 SE in Hickory, NC was recently sold for a total price of $20,700,000. The transaction involved One Oak Investments, LLC as the buyer and was facilitated by brokers Tom Kolarczyk and Brad Peterson from JLL. The property spans approximately 191,431 square feet, resulting in a price per square foot of $108.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $20,700,000
• Address: 2154 US Highway 70 SE, Hickory, NC
• Market: Hickory, NC
• Buyer: One Oak Investments, LLC
• Brokers: Tom Kolarczyk & Brad Peterson - JLL
• Square Footage: 191,431
• Price per Square Foot: $108

The successful sale of this retail property highlights the expertise of Tom Kolarczyk and Brad Peterson from JLL, who represented One Oak Investments, LLC in the deal. Their strategic approach and negotiation skills enabled the smooth execution of the transaction. This sale is a testament to the thriving retail market in Hickory, NC.