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United Federal Credit Union 101 Jack St 10,683 SF Retail Building Hendersonville, NC 28792 $3,250,000 ($304.22/SF) 6.50% Cap Rate
Executive Summary
Class A financial facility in excellent condition, strategically located off U.S. Hwy 64 and I-26 with excellent accessibility
and visibility. This well maintained two story building offers 10,683 heated sqft and is elevator equipped, providing efficient
functionality for both customers and staff. The occupant has been a long-term, high credit-rated financial institution,
adding significant strength and reliability to the tenancy. The property is further secured by a recent extended 5-year lease
with two additional 5-year renewal options, offering continued stability for investors. The site also features 3 convenient
drive through lanes positioned along a high traffic corridor, providing excellent exposure and easy customer access.
and visibility. This well maintained two story building offers 10,683 heated sqft and is elevator equipped, providing efficient
functionality for both customers and staff. The occupant has been a long-term, high credit-rated financial institution,
adding significant strength and reliability to the tenancy. The property is further secured by a recent extended 5-year lease
with two additional 5-year renewal options, offering continued stability for investors. The site also features 3 convenient
drive through lanes positioned along a high traffic corridor, providing excellent exposure and easy customer access.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
10,683 SF
Building Class
B
Year Built
2004
Price
$3,250,000
Price Per SF
$304.22
Cap Rate
6.50%
NOI
$211,250
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
26 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
276’ on Jack St
Amenities
- Pylon Sign
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
United Federal Credit Union began in 1949 as a member-owned financial cooperative founded by five employees at the Whirlpool manufacturing plant in St. Joseph, Michigan. The company now provides personal banking, business banking, mortgages, auto loans, credit cards, savings accounts, investment services, and financial wellness resources. United also serves members through digital banking and community-focused programs, reflecting a broad mix of consumer and business financial services. The credit union operates as a federal credit union with a current member-service profile.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9956984 | Improvements Assessment | $1,946,600 |
| Land Assessment | $554,100 | Total Assessment | $2,500,700 |
Property Taxes
Parcel Number
9956984
Land Assessment
$554,100
Improvements Assessment
$1,946,600
Total Assessment
$2,500,700
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