7 Northridge Commons Pky | Weaverville, NC 28787
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7 Northridge Commons Pky
Weaverville, NC 28787
Northridge Commons · Retail Property For Sale
Investment Highlights
- Strong Shadow Anchors - Walmart Supercenter and Lowes Home Improvement shadow anchor this center, driving significant patron volume to the center
- Tenant Commitment - The current tenant lineup has a weighted average tenant tenancy of 9 years and all 3 tenants have exercised some type of extension
- Favorable Lease Structures - 100% of tenants reimburse their pro-rata-share and pay at least a 10% admin fee on common area maintenance
- Significant Value-Add Opportunity - LG Nail Spa and GameStop are currently paying well below the market rent
- Popular Asheville, NC Suburb - Evidenced by the 750+ multifamily/hotel/single family residences that have either been developed in the last 4 years
- Limited Exposure to Capital Repairs - The center was built in 2009 and has been well maintained since
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,736 SF
Building Class
B
Year Built
2009
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.55 AC
Zoning
I-1 - Light Industrial
Parking
49 Spaces (5.03 Spaces per 1,000 SF Leased)
Frontage
256’ on Northridge Commons Pky
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,310,800 | |
| Land Assessment | $0 | Total Assessment | $1,310,800 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$1,310,800
Total Assessment
$1,310,800
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
