Active
575 & 605 Sweeten Creek Industrial Park Park
Asheville NC, 28803
$14,475,000
Active
Commercial
Built in 1983
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.
4127637
MLSⓇ ID
April 8, 2024
Listed
October 2, 2024
Updated
Map
575 & 605 Sweeten Creek Industrial Park Park
Asheville NC, 28803
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
8.42 Acres
Other Property Details
Days on Market
131
Garage
No
View
No
County
Buncombe
Pool
No
Zoning
IND
Listing History
Date | Event | Price |
|---|---|---|
8/16/2024 | Price change | $14,475,000 -4% |
4/16/2024 | Price change | $14,950,000 -7% |
Courtesy of Pulliam Properties, Inc with James Wilson,
Listing Contact: [email protected]
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