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10 Peaks Center Ln
Asheville, NC 28805
6% Cap Net-Lease | Asheville, NC · Retail Property For Sale
Investment Highlights
- Top Men’s Wearhouse In the State - This Men’s Wearhouse location ranks #1 for total customer visits out of all locations in the state
- Influx of New Development Activity in the Area - Directly across the street from the subject property is a $45M planned mixed-use development
- Premier Retail Corridor - Directly across from the Asheville Mall | JCPenney, DSW, Ulta, Belk ,Old Navy, TJ Maxx & Rooms to Go | 4.3M GLA of retail
- Upside Rent Potential - Men’s Wearhouse is currently paying rent that is far below market rent | Significant future upside when MW Lease Expires
- Demographic Boom - 11.19% 1-mile population growth rate since 2010, with an additional 5.1% population growth projected over the next ?ve years
- Whole Foods Shadow-Anchored & Strategically Connected - The subject property shares access with Whole Foods, which drives customer counts higher
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,540 SF
Building Class
B
Year Built
1998
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.68 AC
Zoning
RB
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 9658-16-9136-00000 | Improvements Assessment | $1,388,600 |
| Land Assessment | $1,836,500 | Total Assessment | $3,225,100 |
Property Taxes
Parcel Number
9658-16-9136-00000
Land Assessment
$1,836,500
Improvements Assessment
$1,388,600
Total Assessment
$3,225,100
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