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Property Description |
Effortless investment opportunity located in a prime, class A mixed-use building in the heart of Downtown Asheville. Sale includes 2 fully leased commercial street-level suites with great visibility in a high footfall location. Both tenants are well-established & stable with leases until 2024/2026, annual rent increases and options to renew (1 true NNN lease; 1 modified gross). The suites are well-maintained and feature a total of 4,478 SF with large display windows, exposed ceilings & natural light. Situated in the Central Business District and adjacent to the Cambria Hotel & Grove Arcade, the property is surrounded by numerous restaurants & retailers and in an ideal location frequented by many locals and tourists alike. Asheville is nestled in the Blue Ridge Mountains and at the crossroads of two major interstates, I-26 and I-40. Ranked #10 on a list of “Trending Destinations in the U.S.” by Tripadvisor.com in 2022, Asheville is a year-round destination with a bustling economy. |
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