Description
Effortless investment opportunity located in a prime, class A mixed-use building in the heart of Downtown Asheville. Sale includes 2 fully leased commercial street-level suites with great visibility in a high footfall location. Both tenants are well-established & stable with leases until 2024/2026, annual rent increases and options to renew (1 true NNN lease; 1 modified gross). The suites are well-maintained and feature a total of 4,478 SF with large display windows, exposed ceilings & natural light. Situated in the Central Business District and adjacent to the Cambria Hotel & Grove Arcade, the property is surrounded by numerous restaurants & retailers and in an ideal location frequented by many locals and tourists alike. Asheville is nestled in the Blue Ridge Mountains and at the crossroads of two major interstates, I-26 and I-40. Ranked #10 on a list of Trending Destinations in the U.S. by Tripadvisor.com in 2022, Asheville is a year-round destination with a bustling economy.
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01/2 BATHS
School Ratings & Info
Offered by Carla & Company Real Estate Services. Copyright 2022 Canopy MLS. All rights reserved.Description
Effortless investment opportunity located in a prime, class A mixed-use building in the heart of Downtown Asheville. Sale includes 2 fully leased commercial street-level suites with great visibility in a high footfall location. Both tenants are well-established & stable with leases until 2024/2026, annual rent increases and options to renew (1 true NNN lease; 1 modified gross). The suites are well-maintained and feature a total of 4,478 SF with large display windows, exposed ceilings & natural light. Situated in the Central Business District and adjacent to the Cambria Hotel & Grove Arcade, the property is surrounded by numerous restaurants & retailers and in an ideal location frequented by many locals and tourists alike. Asheville is nestled in the Blue Ridge Mountains and at the crossroads of two major interstates, I-26 and I-40. Ranked #10 on a list of Trending Destinations in the U.S. by Tripadvisor.com in 2022, Asheville is a year-round destination with a bustling economy.
Based on information submitted to the MLS GRID as of 2022-05-22T23:32:47.827 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Mackey Realty LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.
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