4 Northcrest Drive, Weaverville, NC 28787
- $899,900
- List Price
- $899,900
- Status
- PENDING
- MLS#
- 4360266
- Parcel Size
- 0.42
- Year Built
- 1888
- Days on Market
- 134
Property Description
Positioned at the corner of Northcrest Road and Monticello Road on a busy 8,000cpd lot near Walmart and Lowe's, 4 Northcrest Drive sits at the epicenter of Weaverville's rapidly expanding commercial and medical corridor. With AdventHealth's 67-bed hospital now fully cleared for construction just minutes away, this asset represents one of Western North Carolina's most significant healthcare-driven growth opportunities. Investors gain access to a stabilized, passive NNN income stream with the security of an excellent tenant showing pride of business ownership, built in rental escalations and strong future marketability. The building offers 2700 rentable sq.ft., 8 offices and 2 bathrooms, a 13 car parking lot, a new metal roof and HVAC systems replaced within the last few years, and a well maintained exterior including attractive landscaping. NOI is currently $56,700 and increases to $58,600 in November. Lease rate is currently $21/sf and TICAMs are $3/sf.
Additional Information
- County
- Buncombe
- Restrictions
- No Representation
- Acreage Features
- Corner Lot, Level
- Sewer/Septic
- Public Sewer
- Roof
- Metal
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Listing courtesy of Keller Williams Professionals. jakemossman@gmail.com
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