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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. 5.6% 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.
Property Details | ||
|---|---|---|
| Price | $14,950,000 | |
| Lot Size Area | 8.42 | |
| Lot Size Area Units | Acres | |
| Property Type | Commercial | |
| Sub type | Industrial | |
| MLS Sub type | Industrial | |
| Year Built | 1983 | |
Geographic Data | ||
| County | Buncombe | |
| Latitude | 35.547312 | |
| Longitude | -82.517415 | |
Address Information | ||
| Address | 575 & 605 Sweeten Creek Industrial Park Park, Asheville, NC 28803 | |
| Postal Code | 28803 | |
| City | Asheville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Pulliam Properties, Inc | |
| Listing Office Phone | 828-684-4344 | |
| Listing Agent | James Wilson | |
| Listing Agent Phone | 828-768-7098 | |
| Sub Agency Compensation Type | % | |
| Buyer Agency Compensation | 2.0 | |
| Attribution Contact | jwilson@pulliamproperties.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 | 8 | |
| MLS Status | Active | |
| Listing Date | Apr 8, 2024 | |
| Listing Last Modified | Apr 16, 2024 | |
| Tax ID | 9657-32-9675-00000 | |
| MLS # | CAR4127637 | |
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This information is believed to be accurate, but without any warranty.
