3020 N Center St
Hickory, NC 28601

Belle Hollow Shopping center is a 139,612 square foot full-service shopping center in Hickory, North Carolina. Anchored by a recently renovated Lowes Foods and Stein Mart, the property is 100% occupied with a thoughtful tenant mix made up of 41% grocery, 26% off-price retail, 11% restaurant, 7% health & fitness, and more. The property received a boost in 2019 when ownership elected to seal & stripe the parking lot and both anchor tenants – representing 67% of the GLA – exercised their options to extend. The center is the only full-service shopping center offering grocery, consumer goods, retail services, and restaurants to the affluent Lake Hickory communities. With its proximity to Lake Hickory, Belle Hollow sits in the center of the region’s affluence. In a one-mile radius of the center, the average household income is $97K and home values along the lake regularly exceed $1M. With its cross shopping opportunities, Belle Hollow is a preferred retail destination for these shoppers boasting a 72-minute average shopping visit versus a 43-minute average for its competing centers, as tracked by cell phone location data. In addition, this investment includes one remaining outparcel opportunity with an undeveloped 1.09 acres sitting prominently on N. Center Street (31K VPD).