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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 6.79% last updated on 2024-11-07

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140 Vista Boulevard Arden NC 28704
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  • 55,620Square Feet
  • 9.4Acreage
  • 1999Year Built
  • ClosedMLS Status
This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years. This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.
Listed by Jason Burk of Whitney Commercial Real Estate (jburk@whitneycre.com)

Listing Sold by Whitney Commercial Real Estate

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Basic Information

  • ForeclosureN
  • List Price$8,107,531
  • MLS NumberCAR4104936
  • MLS StatusClosed
  • Property SubTypeINDUSTRIAL
  • Sale Date05/31/2024
  • Sale Price$8,000,000

Interior

  • Flooring Carpet, Concrete, Tile

Tax Information

  • Taxes$4,561,900

Building

  • Square Feet55,620
  • Year Built1999

Property

  • Acreage9.4
  • Parking Spaces
  • Water Source City
  • ZoningEMP

Property Information

  • Inclusions N/A
  • Number Of Buildings 2

Location

  • Building Number140
  • CountyBuncombe
  • Directions Vista Industrial Park-a large, well maintained and managed, Industrial Real Estate neighborhood located South of Asheville. Easy Interstate Access 1 mile from I-26.
  • StateNC
  • StreetVista Boulevard
  • Zip28704

Utilities

  • Cooling Central Air
  • Heating Forced Air
  • Sewer Public Sewer

Other

  • View Count20

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of November 12, 2024 1:45 AM EST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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