99 New Leicester Highway
Asheville , NC

Listing Description

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, Jessica Auge, at 828.222.3685 or email for financial information.

Property Details

Price $890,000
Address 99 New Leicester Highway
City Asheville
State NC
Zip Code 28806
County Buncombe
MLS 3806648
Year Built 1974
Square Feet 6,504
Acres 0.60