$10,834,847
$11,950,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
575 & 605 Sweeten Creek Industrial Park PARK Asheville, NC 28803
8.42 Acres Lot
Key Details
Sold Price $10,834,847
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4341124
Sold Date 06/22/26
Year Built 1983
Lot Size 8.420 Acres
Acres 8.42
Property Sub-Type Industrial
Property Description
INVESTMENT OPPORTUNITY WITH FULLY LEASED WAREHOUSE/INDUSTRIAL BUILDINGS (2). Rent increased on 1/1/2026. Two industrial warehouse - 2 buildings with great office space in Asheville. Long-term lease tenant in place with 9 years left on existing lease. 131,400/ of in two buildings on 6.15/ac in total. Two properties for sale, 575 Sweeten Creek Rd and 605 Sweeten Creek Rd. Properties are to be sold together. Fully conditioned building. No drive-byes. DO NOT DISTURB THE EXISTING TENANT, Plasticard Locktech International. 7.3% CAP rate today with 2% rent increases or COLA each year. 575 has about 1,700/sf office and 605 has about 15,600/sf of office space.. Numerous Truck Docks and Drive-In Doors.
Location
State NC
County Buncombe
Zoning IND
Exterior
Street Surface Paved
Building
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Jim Davis • NAI Beverly-Hanks
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