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3334 Asheville Rd 5,077 SF Retail Building Waynesville, NC 28786 $1,370,000 ($269.84/SF) 7.01% Cap Rate



EXECUTIVE SUMMARY
-- The property is UNDER CONTRACT
-- There is still a lease in place with the current tenant (*** Please contact list broker for additional details ***)
-- Pricing has been based upon a NNN investment sale -- 7.01% Cap with $96,000 in-place NOI (*** Please contact list broker for additional details ***)
PROPERTY FACTS Under Contract
AMENITIES
- Freeway Visibility
- Restaurant
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- 5,077 SF
- -
- Triple Net
- Jul 2038
Shoney’s is Today’s All-American Kitchen. They've grown a lot since their first location opened doors in 1947. Today, Americans can find Shoney’s restaurants in 16 states. Their warm, welcoming environment keeps generations coming back for another serving. Generations have come to know Shoney’s as an American favorite for family dining. That’s because their guests can count on them for quality, delicious food and warm friendly service, every visit. This consistency to high standards is only possible through a culture of core values instilled in their people. Fresh Food. Family First. Community Focused. It’s as simple as that. They not only believe in these, they live them.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Accommodation and Food Services | 5,077 SF | - | Triple Net | Jul 2038 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $843,100 | |
| Land Assessment | $341,900 | Total Assessment | $1,185,000 |
PROPERTY TAXES
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3334 Asheville Rd
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