575 & 605 Sweeten Creek Industrial Park PARK Active

Asheville,NC 28803

$ 14475000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4127637

Year Built 1983

Lot Size 8.420 Acres

Acres 8.42

Property Description

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.

Location

State NC

County Buncombe

Zoning IND

Interior

Inclusions Building,Land

Building

New Construction false

Others

Senior Community false

Restrictions Other - See Remarks

Special Listing Condition None

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