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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: 3.73% last updated on 2019-09-19

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

      • 1.14Acreage
      • 2003Year Built
      • 6375Square Feet
      • 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

      Listed by John Menkes and Jeremy Goldstein of G/M Property Group

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      More Info

      Parking

      • Parking Spaces27

      Building

      • Year Built2003
      • Units3
      • Square Feet6375

      Property

      • Acreage1.14
      • VOW1

      Photos

      • Number of Photos3
      • DatePhoto2018-11-12T10:08:17

      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 Date09/09/2019
      • View Count40

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