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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