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Mark Hicks

mark@beardedbroker.com +1(704) 650-4640

$899,900

Est. payment - /mo

0.42 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4360266

Year Built 1888

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Office

Property Description

Positioned at the corner of Northcrest Road and Monticello Road on a busy 8,000cpd lot near Walmart and Lowe's, 4 Northcrest Drive sits at the epicenter of Weaverville's rapidly expanding commercial and medical corridor. With AdventHealth's 67-bed hospital now fully cleared for construction just minutes away, this asset represents one of Western North Carolina's most significant healthcare-driven growth opportunities. Investors gain access to a stabilized, passive NNN income stream with the security of an excellent tenant showing pride of business ownership, built in rental escalations and strong future marketability. The building offers 2700 rentable sq.ft., 8 offices and 2 bathrooms, a 13 car parking lot, a new metal roof and HVAC systems replaced within the last few years, and a well maintained exterior including attractive landscaping. NOI is currently $56,700 and increases to $58,600 in November. Lease rate is currently $21/sf and TICAMs are $3/sf.

Location

State NC

County Buncombe

Zoning I-1

Interior

Flooring Tile, Wood

Inclusions Building

Exterior

Utilities Available Electricity Connected

Roof Type Metal

Street Surface Paved

Accessibility Ramp(s)-Main Level

Porch Front Porch, Side Porch, Wrap Around

Total Parking Spaces 13

Building

Lot Description Corner Lot, Level

Dwelling Type Site Built

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Restrictions No Representation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing NNN

Special Listing Condition Subject to Lease, None

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Listed by Jake Mossman • Keller Williams Professionals • jakemossman@gmail.com

Nearby School & Business

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Mark Hicks

+1(704) 650-4640

Agent

4 Northcrest DR Weaverville, NC 28787

Mark Hicks

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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