0 Beds

n/a Full bath

n/a SqFt

Active

This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years. This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.

Property Details
Price $8,107,531
Lot Size Area 9.4
Lot Size Area Units Acres
Property Type Commercial
Sub type Industrial
MLS Sub type Industrial
Stories 1
Year Built 1999
Heating Forced Air
Geographic Data
Directions Vista Industrial Park-a large, well maintained and managed, Industrial Real Estate neighborhood located South of Asheville. Easy Interstate Access 1 mile from I-26.
County Buncombe
Latitude 35.465282
Longitude -82.581528
Address Information
Address 140 Vista Boulevard, Arden, NC 28704
Postal Code 28704
City Arden
State NC
Country United States
Listing Information
Listing Office Whitney Commercial Real Estate
Listing Office Phone 828-665-9085
Listing Agent Jason Burk
Listing Agent Phone 828-674-2120
Sub Agency Compensation Type %
Buyer Agency Compensation 2.25
Attribution Contact jburk@whitneycre.com
Sub Agency Compensation 0
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
MLS Information
Days on market 9
MLS Status Active
Listing Date Jan 30, 2024
Listing Last Modified Feb 8, 2024
Tax ID 9634-33-7548-00000
MLS # CAR4104936

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This information is believed to be accurate, but without any warranty.