6
See all 6 photos
$14,475,000
Est. payment /mo
8.42 Acres Lot
Active
575 & 605 Sweeten Creek Industrial Park PARK Asheville, NC 28803
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UPDATED:
12/31/2024 02:10 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 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
Building
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Special Listing Condition None
© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by James Wilson • Pulliam Properties, Inc • jwilson@pulliamproperties.com