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$14,475,000
Est. payment /mo
8.42 Acres Lot
UPDATED:
02/21/2025 11:05 PM
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 Sub-Type Industrial
Property Description
INVESTMENT OPPORTUNITY WITH FULLY LEASED WAREHOUSE/INDUSTRIAL BUILDINGS (2). Rent increase 1/1/2025. 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. 5.89% 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
Exterior
Street Surface Paved
Building
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by James Wilson • Pulliam Properties, Inc • jwilson@pulliamproperties.com