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2 Kenilworth Knls
Asheville, NC 28805
Retail Property For Sale
Investment Highlights
- Corporate Guarantee – Lease is guaranteed by O’Charley’s Inc., O’Charley’s has over 200+ company owned located in approximately 17 states.
- Growing Cash Flow – Annual Increases during remaining base term and option periods
- Large Lot Size –59 AC – Providing flexibility for future uses
- Absolute NNN Lease – ZERO Landlord responsibilities – Ideal for out of state investor
- Rare Opportunity to acquire a high yield, NNN investment in a historically low transaction velocity market
- Surplus Parking – Over 70 exclusive parking spaces
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,838 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.59 AC
Zoning
HB
Parking
131 Spaces (19.16 Spaces per 1,000 SF Leased)
Frontage
90’ on Kenilworth Rd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 9658-18-1500-00000 | Improvements Assessment | $1,006,900 |
| Land Assessment | $1,049,400 | Total Assessment | $2,056,300 |
Property Taxes
Parcel Number
9658-18-1500-00000
Land Assessment
$1,049,400
Improvements Assessment
$1,006,900
Total Assessment
$2,056,300
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