7 Northridge Commons Pky | Weaverville, NC 28787
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This Retail Property is no longer advertised on LoopNet.com.
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 |
Multiple
|
Improvements Assessment | $1,310,800 |
| Land Assessment | $0 | Total Assessment | $1,310,800 |
Property Taxes
Parcel Numbers
Multiple
- 9733-80-0820-C0004
- 9733-80-0820-C0002
Land Assessment
$0
Improvements Assessment
$1,310,800
Total Assessment
$1,310,800
Listing ID: 24047582
Date on Market: 9/7/2021
Last Updated:
Address: 7 Northridge Commons Pky, Weaverville, NC 28787
The Retail Property at 7 Northridge Commons Pky, Weaverville, NC 28787 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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