575-605 Sweeten Creek Industrial Park - Light Manufacturing FOR SALE


Asheville, NC 28803
$14,950,000 USD
828-768-7098
575-605 Sweeten Creek Industrial Park, Asheville, NC for Sale
$14,950,000 USD
Light Manufacturing - FOR SALE
1/19
null | 5.99% Cap Rate

575-605 Sweeten Creek Industrial Park
Asheville, NC 28803


HIGHLIGHTS

  • Fantastic Investment Property

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$14,950,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

605 Sweeten Creek Industrial Park

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.42

LAND SF

366,775

ZONING

CI

APN/PARCEL ID

9657-32-9675-00000,9657-41-1845-00000

ASK ABOUT THIS PROPERTY

James WilsonPulliam PropertiesMore Info
828-768-7098

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James WilsonPulliam PropertiesMore Info
828-768-7098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.