Easy investment opportunity with a stable, long-term tenant in place
A true NNN lease & ideal passive income scenario
Tenant pays property tax, insurance and condo association fees directly, services the HVAC system and pays all utilities
Surrounded by retail shops, restaurants/bars, galleries, offices and residential condos
Located in close proximity to I-240 & I-26, Harrah Cherokee Center Asheville, Grove Arcade & Pack Square Park
Easy investment opportunity with a stable, long-term tenant in place
A true NNN lease & ideal passive income scenario
Tenant pays property tax, insurance and condo association fees directly, services the HVAC system and pays all utilities
Surrounded by retail shops, restaurants/bars, galleries, offices and residential condos
Located in close proximity to I-240 & I-26, Harrah Cherokee Center Asheville, Grove Arcade & Pack Square Park
Easy investment opportunity with a stable, long-term tenant in place in a prominent downtown Asheville location. Premium street-level commercial space on high footfall street adjacent to Rankin Parking Garage (262 spaces). A true NNN lease & ideal passive income scenario. Tenant pays property tax, insurance and condo association fees directly, services the HVAC system and pays all utilities. 2023 rent is $30/SF and increases by 3% per year, expiring March 2032. Rankin Press Lofts is a professionally managed condo association in the Central Business District featuring high quality construction and no vacancy. Surrounded by retail shops, restaurants/bars, galleries, offices and residential condos and located in close proximity to I-240 & I-26, Harrah Cherokee Center Asheville, Grove Arcade & Pack Square Park. Please do not disturb the tenant - contact the listing agent for all showings.
Monthly dues are $162.25 Covers water, common area maintenance, condo association insurance, etc.