Our mobile site is optimized for smaller screens.

TRY IT NO THANKS

1269 Tunnel RoadAsheville, NC 28805MLS Number 3451795

  • Price: $1,515,000The price has recently decreased
PrintSave Favorite
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.

  • 2003Year Built
  • 6375Square Feet

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

Driving Directions

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
  • MailingCityAsheville
  • StateOrProvinceNC
  • Zip28805
  • CountyBuncombe

Other

  • Modification Date09/09/2019
  • View Count32
West Asheville Real Estate

Your Local Office

West Asheville Real Estate
51 Watauga Street - Unit D
Asheville NC, 28801

Office: 828.215.4200

Ask A Question

Call: 828.215.4200 or send a message:

Do not fill in this field:

Broker Reciprocity

© 2019 by the North Carolina Multiple Listing Service. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the North Carolina Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than a consumer looking to purchase real estate, is prohibited.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: