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1232 Asheville Hwy
Hendersonville, NC 28791
Retail Property For Sale
Investment Highlights
- Absolute Triple Net (NNN): lease structure with zero landlord responsibilities
- Established Presence: Burger King has operated at the site since 2006, showing a strong commitment to the site
- Strong Demographics: The property has excellent frontage on Asheville Highway, which sees over ±30,000 VPD and a 5-mile population ±66,000
- Strong Operator: Carrols Restaurant Group is the largest Burger King operator with over ±1,100 units
- Hedge Against Inflation: Attractive Rental Escalations of 1% Annually
- Below Market Rents: The rents are 22% lower than the national average, see broker for additional information
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,480 SF
Building Class
B
Year Built/Renovated
1986/2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.78 AC
Zoning
116745~C-3 - Commercial
Parking
40 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
187’ on Asheville Highway
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 0116745 | Improvements Assessment | $420,200 |
| Land Assessment | $714,400 | Total Assessment | $1,134,600 |
Property Taxes
Parcel Number
0116745
Land Assessment
$714,400
Improvements Assessment
$420,200
Total Assessment
$1,134,600
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