575 & 605 Sweeten Creek Industrial Park Park

Active

575 & 605 Sweeten Creek Industrial Park Park

Asheville NC, 28803

$14,950,000

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. 5.6% 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.

4127637

MLSⓇ ID

April 8, 2024

Listed

May 9, 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: 8
Garage: No
View: No
County: Buncombe
Pool: No
Zoning: IND
Buyer Agency Compensation: 2%

Listing History

Date	Event	Price
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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