575 & 605 Sweeten Creek Industrial Park Park

575 & 605 Sweeten Creek Industrial Park Park

Asheville, NC 28803
$14,475,000

  • Lot Size: 8.42 Acres
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.

Property Summary
Property Type: Commercial Sale Property Subtype : Industrial
Year Built : 1983 Construction Type : N/A
Lot Size : 8.42 Acres
More Information
  • Road : Publicly Maintained Road, Private Maintained Road

Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by 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.

Listed By
Pulliam Properties, Inc
James Wilson
828-768-7098
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