Your First Name*

Please enter your first name

Your Last Name*

Please enter your last name

Your Email*

Please enter a valid email address

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

964 characters remaining

We will automatically send your friend a one-time email inviting them to visit this listing. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of the referral program. (Terms of Use)

thank you

Your email has been sent.

14 Mcdowell St 9,629 SF 100% Leased Office Building Asheville, NC 28801 $3,000,000 ($311.56/SF) 6.90% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Medical office with a tenant for 3 years +/- with no renewals
Located close to Mission Hospital - would be a fantastic billing office location

Great medical office or business office location in downtown Asheville

EXECUTIVE SUMMARY

9,629/sf Building on 1.57/ac now available for purchase in downtown Asheville. Currently a medical office with ample parking available. Tenant will stay for 3 +/- years with the current lease with no options. This is a fantastic Investment Opportunity in Downtown Asheville. Close to Asheville Hospitals and medical community. CAP rate is 6.9%.

14_mcdowell_sm

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Property Subtype

Medical

Building Size

9,629 SF

Building Class

Year Built

1983

Price

$3,000,000

Price Per SF

$311.56

Cap Rate

6.90%

NOI

$207,000

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

9,629 SF

Building FAR

0.14

Lot Size

1.57 AC

Opportunity Zone

Yes

Zoning

Parking

60 Spaces (6.23 Spaces per 1,000 SF Leased)

MAJOR TENANTS

Health Care and Social Assistance
-
-
-

Allergy Partners was created to do one thing: Bring the highest level of care and clinical expertise to as many people as possible living with allergies, asthma and other allergic disease. After years, and after caring for hundreds of thousands of patients, their focus remains the same. What began as a community practice in Asheville, North Carolina, has grown to become the nation’s largest and most trusted allergy and asthma practice comprising some of the best allergists and immunologists in the country. Each provider in their network understands the importance of working together to solve any complex problem brought on by asthma and allergies. This shared knowledge enables us to bring world-class medicine and leading-edge practices to communities across the country.