575 & 605 Sweeten Creek Industrial Park Park, Asheville, NC 28803
- $10,834,847
- Sold Price
- $10,834,847
- List Price
- $11,950,000
- Status
- CLOSED
- MLS#
- 4341124
- Parcel Size
- 8.42
- Year Built
- 1983
- Days on Market
- 146
Property Description
INVESTMENT OPPORTUNITY WITH FULLY LEASED WAREHOUSE/INDUSTRIAL BUILDINGS (2). Rent increased on 1/1/2026. Two industrial warehouse - 2 buildings with great office space in Asheville. Long-term lease tenant in place with 9 years left on existing lease. 131,400/ of in two buildings on 6.15/ac in total. Two properties for sale, 575 Sweeten Creek Rd and 605 Sweeten Creek Rd. Properties are to be sold together. Fully conditioned building. No drive-byes. DO NOT DISTURB THE EXISTING TENANT, Plasticard Locktech International. 7.3% CAP rate today with 2% rent increases or COLA each year. 575 has about 1,700/sf office and 605 has about 15,600/sf of office space.. Numerous Truck Docks and Drive-In Doors.
Additional Information
- County
- Buncombe
- Restrictions
- Other - See Remarks
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Listing courtesy of Pulliam Properties, Inc. jwilson@pulliamproperties.com
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