140 Vista Boulevard, Arden, NC 28704
- $8,000,000
- Sold Price
- $8,000,000
- List Price
- $8,107,531
- Status
- CLOSED
- MLS#
- 4104936
- Parcel Size
- 9.4
- Year Built
- 1999
- Days on Market
- 122
Property Description
This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years. This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.
Additional Information
- County
- Buncombe
- Restrictions
- No Restrictions
- Sewer/Septic
- Public Sewer
- Heating
- Forced Air
- Cooling
- Central Air
Mortgage Calculator
Listing courtesy of Whitney Commercial Real Estate. jburk@whitneycre.com
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