SOLD

Jessica Auge

Carla & Company
706-255-9363 & 828-222-3685

99 New Leicester Hwy
Asheville, NC

*Listing is Under Contract. Updated 1/18/2022*

Investment Opportunity! This building and site were completely upgraded in 2018 with new plumbing, electrical, mechanical, roof, parking lot and landscaping. There are 2 stable tenants in place with leases expiring in 2023 - each with renewal options. Property features 150 FT of road frontage at a highly visible, corner location on a busy highway with 32,000 vehicles per day. Conveniently located less than 10 minutes to Downtown Asheville and easy access to I-240, I-40 and I-26. Zoned Highway Business and surrounded by many supportive businesses, residential neighborhoods and multi-family communities. Leases are not NNN, so Landlord pays some property expenses. Being sold at 5.6% CAP. Contact Broker for more financial information.

Please do not disturb tenants. 48 hour required notice for all showings. Listing agent must accompany. Please email listing broker for all showing requests.

Property Details

  • $1,050,000
    List Price
  • 3806648
    MLS Number
  • 6,504
    Square Feet
  • 1974
    Year Built
  • 0.60
    Lot Size

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