Updated May 5, 2026
Legacy Realty Group Arranges $3 Million Sale Of Mountain View Shopping Center In Hickory, NC
3198 North Carolina Highway 127 & 3206 North Carolina Highway 127
$3,000,000
$34/SF
Building Size
43,550 SF
Asset Type
Retail
Closing
May 4, 2026
About this deal
AI
Mountain View Shopping Center is a 43,550-square-foot retail center located at 3198-3206 North Carolina Highway 127 in Hickory, North Carolina. The property was sold for $3,000,000, resulting in a price per square foot of $69.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,000,000
- Sale Date: 05/04/2026
- Square Footage: 43,550
- Address: 3198-3206 North Carolina Highway 127
- Market: Hickory, NC
- Price Per Square Foot: $69
The transaction was facilitated by Jacob Baruch and Jonah Warshaw, both representing Legacy Realty Group Advisors in the sale of the retail property.
On the Map
$3,000,000
$34/SF
Retail
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93