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For Sale

140 Vista Blvd.

140 Vista Blvd,
Arden, NC 28704

Asset Snapshot

Student Housing
Industrial Subtype
1999
Year Built
2016
Year Renovated
1
Floor Count
2
Building Count
9.63 Acres
Land Area

Offering Summary

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

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$8,495,000
Asking Price

Investment Sales Broker

Austin Walker, CCIM, SIOR
Whitney Commercial Real Estate Services

Market Insights