99 New Leicester Highway, Asheville, NC 28806


Property 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 for more financial information.

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Listing courtesy of Carla & Company Real Estate Services.

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