Price $11,950,000
Status Active
Size n/a
Lot Size 8.42 ac
INVESTMENT OPPORTUNITY WITH FULLY LEASED WAREHOUSE/INDUSTRIAL BUILDINGS (2). Rent increased on 1/1/2026. 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. 7.3% 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 Type(s): Commercial
Year Built 1983 County Buncombe

Additional Details

LOT 8.42 acre(s)
LOT DIMENSIONS 8.42
MLS STATUS Active

Location

 

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Listed with Pulliam Properties, Inc
Date last updated: 1/27/26 10:44 AM PST

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