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1269 Tunnel RoadAsheville, NC 28805MLS Number 3451795

  • Price: $1,515,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.75% last updated on 2019-11-14

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 6375Square Feet
  • 1.14Acreage
  • 2003Year Built
  • 27Parking Spaces

100% occupied by long-term regional and national credit tenants with average occupancy of 13 years. Asking price represents 7.75% all-cash cap rate of in-place NOI. Leveraged IRR exceeds 18%. Major interior remodel totaling +/- $235,000 completed on 85% of center in 2018. ***FOR A COMPLETE OFFERING MEMORANDUM, PLEASE RETURN FULLY EXECUTED CONFIDENTIALITY AGREEMENT ATTACHED

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Parking

  • Parking Spaces27

Building

  • Year Built2003
  • Units3
  • Square Feet6375

Property

  • Acreage1.14
  • VOW1

Photos

  • Number of Photos3
  • DatePhoto2019-09-30T10:22:02

Basic Information

  • StatusSHOW
  • Broker IDNCM12700
  • Property TypeCommercial
  • Property Sub TypeFStan/Ret
  • List Price$1,515,000
  • Broker NameG/M Property Group
  • ListingBoardIDAsheville Board of Realtors
  • MLS Number3451795

Location

  • Building Number1269
  • StreetTunnel Road
  • TownAsheville
  • StateNC
  • Zip28805
  • CountyBuncombe

Other

  • Modification Date09/30/2019
  • View Count42

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

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