Investment Overview
Introducing 140 Vista Blvd, Arden, NC, 28704: a versatile industrial/flex/manufacturing/warehouse property. Boasting a total building size of 56,259 SF.. This modern facility offers ample room for growth and customization. Built in 1999 and renovated in 2018, it sits on a 9.40-acre lot with EMP zoning. Approximately 2 acres of the surplus acreage has been graded to the finished floor of the existing building for seamless expansion of the existing building.
Conveniently located just 2 miles from I-26 and 5 miles from Asheville Regional Airport, it provides access to Southeast distribution corridors and a regional labor pool. The property features a 26 ft clear height, 40x40 column spacing, LED lighting, heated and cooled HVAC, and ample parking with 100 spaces. With wet sprinkler and fire alarm systems, 3 dock-high doors, and 1 drive-in door, this property is well-equipped for seamless operations.
With the current lease in place the property offers a 6.81% return to an investor. The property is also currently for lease on the market thus could be occupied by a Buyer.
Investment Highlights
- - Modern manufacturing facility
- - Located in Asheville premier industrial park
- - 6.81 % cap on existing Lease
- - Space can be delivered vacant for owner occupancy