#1 Papa Johns in NC in Visits according to Placer.ai
Consistent Growth of ˜30% per year
Executive Summary
Ardor Commercial Advisors is pleased to present for lease several retail spaces in the Marketplace Center located in Newton, NC. Marketplace Center was constructed in 1989 and sits on approx. 15.80 acres. The property is occupied by national and local tenants, including Big Lots, Burke's Outlet, Rent-A-Center, Papa Johns, Planet Fitness and more.
The city of Newton is located in Catawba County in NC. Newton is strategically located in the Hickory Metropolitan Area. The City has a diverse industrial base, with companies producing fiber optic cable, automotive parts, baked goods, medical supplies, telecommunications technology, as well as traditional industries such as furniture and textiles. Major transportation in the city includes Interstate 40, US Highway 321, US Highway 70, NC Highway 70, North Carolina Highway 10 and 16, the Hickory Regional Airport (12 miles), and the Charlotte-Douglas International Airport (38 miles)
Strategic Location
Nestled in the heart of Catawba County, Newton boasts a prime location. It's within easy reach of major cities like Charlotte and Hickory, yet offers the tranquility and lower costs of a smaller town. This balance ensures accessibility for business operations, including logistics, supply chain management, and client accessibility.
Approximately 27,000 vehicles pass by Marketplace Center each day. Businesses surrounding the property include KFC, Taco Bell, Sonic Drive-In, Bojangles', Walgreens, Hardee's, Advance Auto Parts, North Newton Elementary School, and Conover City Park.
Additional points of interest near Marketplace Center include Walmart Neighborhood Market, Southern Furniture Company, WestRock Conover, NC Works Career Center, Lee Industries, and the Hickory American Legion Fairgrounds.
