INVESTMENT OPPORTUNITY WITH FULLY LEASED WAREHOUSE/INDUSTRIAL BUILDINGS (2). Two industrial warehouse - 2 buildings with great office space in Asheville. Long-term lease tenant in place with 9 years left on existing lease. 131,400/ of in two buildings on 6.15/ac in total. Two properties for sale, 575 Sweeten Creek Rd and 605 Sweeten Creek Rd. Properties are to be sold together. Fully conditioned building. No drive-byes. DO NOT DISTURB THE EXISTING TENANT, Plasticard Locktech International. 5.74% CAP rate today with 2% rent increases or COLA each year. 575 has about 1,700/sf office and 605 has about 15,600/sf of office space.. Numerous Truck Docks and Drive-In Doors.
MLS# | 4127637 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Year | 1983 |
Days On Site | 212 |
Listing Provided By | Pulliam Properties, Inc | James Wilson |
Zoning | IND |
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Acreage | 8.42 |
State | NC |
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County | Buncombe |
City | Asheville |
Zip Code | 28803 |
Area | Buncombe |
Listing VS Median (in 28803) | |
Price: $14,475,000 low | high Med: $568,900 On Site: 212 low | high Med: 24.000000 |