35-37 Loop Road, Arden, NC 28704
- $2,350,000
- Sold Price
- $2,350,000
- List Price
- $2,400,000
- Status
- CLOSED
- MLS#
- 4224543
- Parcel Size
- 2.38
- Year Built
- 1998
- Days on Market
- 51
Property Description
Rare opportunity to own a fully-leased, multi-tenant flex property in Arden. Consists of 2 buildings, 5 units, and 17,520 SF on 1 parcel. Located off Airport Road, property provides easy access to I-26, Asheville Airport, Downtown AVL, and Downtown HVL. Airport Road offers every amenity, EMP zoning allows most commercial uses. 35 Loop Road is 6,320 SF (per County records) and offers loading dock, drive-in door, office, and warehouse space. Leased to Window World through July 2025. 37 Loop Road is 11,200 SF (per County records) divided into 4, 2,800-SF units. Each offers office, warehouse, bathroom, and drive-in door. Leased to 3 tenants; Kitchen & Granite, Joslyn Fine Metalwork, and Rennwerx European Automotive Repair (2 units). Leased thru mid-2025. Leases average $9.20 per SF, modified gross. MG leases and capital improvements allow owner to add value. This prime flex property presents a solid investment and potential for growth in a high-demand market.
Additional Information
- County
- Buncombe
- Restrictions
- No Restrictions
Mortgage Calculator
Listing courtesy of Whitney Commercial Real Estate. jharrison@whitneycre.com
Selling Office: New Horizons Realty.“The data relating to real estate on this website derive in part from the Internet Data Exchange 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 Real Estate Company 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. © 2026 Carolina Multiple Listing Services, Inc.”