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14 Swannanoa River Rd 2,199 SF Retail Building Asheville, NC 28805 $1,505,000 ($684.40/SF) 5.75% Cap Rate
Investment Highlights
- Located in Biltmore Village
- New interior and New landscaping
- Indoor / Outdoor dining with parking
Executive Summary
Fully leased restaurant with a NNN Lease in place. Indoor & Outdoor dining with a parking area. Landlord is only responsible for the roof. New interior and new landscaping in place. Great location in Biltmore Village. The FedEx Building directly behind CAVA is also for sale. For more information, please contact the broker.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,199 SF
Building Class
B
Year Built
2011
Price
$1,505,000
Price Per SF
$684.40
Cap Rate
5.75%
NOI
$86,538
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.30 AC
Zoning
RIV
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9648-60-3943-00000 | Improvements Assessment | $166,800 |
| Land Assessment | $599,800 | Total Assessment | $766,600 |
Property Taxes
Parcel Number
9648-60-3943-00000
Land Assessment
$599,800
Improvements Assessment
$166,800
Total Assessment
$766,600
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14 Swannanoa River Rd
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