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1978 Hendersonville Rd 15,900 SF 100% Leased Office Building Asheville, NC 28803 $5,500,000 ($345.91/SF) 5.56% Cap Rate
INVESTMENT HIGHLIGHTS
- NEW Roof & NEW HVAC System in 2023 & 2024
- New 5-year lease beginning in 2024
- Directly on Hendersonville Rd with great roadside signage
EXECUTIVE SUMMARY
INVESTIMENT OPPORTUNITY. Fully leased building now for sale. CAP rate is 5.56%. Great location directly on Hendersonville Rd. Fully leased by Allergy Partners, PA. with a new 5-year lease beginning in 2024. New Roof in 2023. New HVAC in 2024.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
15,900 SF
Building Class
B
Year Built
1997
Price
$5,500,000
Price Per SF
$345.91
Cap Rate
5.56%
NOI
$305,800
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,950 SF
Building FAR
0.30
Lot Size
1.22 AC
Zoning
HB
Parking
45 Spaces (2.83 Spaces per 1,000 SF Leased)
AMENITIES
- Property Manager on Site
PROPERTY TAXES
| Parcel Number | 9655-11-4820-00000 | Improvements Assessment | $1,402,100 |
| Land Assessment | $1,067,500 | Total Assessment | $2,469,600 |
PROPERTY TAXES
Parcel Number
9655-11-4820-00000
Land Assessment
$1,067,500
Improvements Assessment
$1,402,100
Total Assessment
$2,469,600
MAP
ADDITIONAL PHOTOS
DJI_0637
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Primary Photo
Building Photo
DJI_0648