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

November 22, 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] 

 

The data relating to real estate on this Website derive in part from the  Canopy MLS, Inc IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Based on information submitted to the MLS GRID as of 11/22/2024, 6:07 AM UTC. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Offer of compensation is made only to participants of the MLS where the listing is filed. Listings courtesy of Canopy MLS as distributed by MLS GRID. 

DMCA Notice

©2024  Canopy MLS, Inc. All rights reserved. 

Powered byLuxury Presence