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396 New Leicester Hwy
Asheville, NC 28806
Asking Price
$795K
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 2,544 SqFt <ul><li><span style="color: rgba(33, 37, 41, 1)">±2,544 sf freestanding commercial building</span></li><li><span style="color: rgba(33, 37, 41, 1)">Prime frontage along new leicester highway (nc-63)</span></li><li><span style="color: rgba(33, 37, 41, 1)">High daily traffic counts (20,000–33,000 vpd)</span></li><li><span style="color: rgba(33, 37, 41, 1)">±4 miles to downtown asheville</span></li><li><span style="color: rgba(33, 37, 41, 1)">Strong “drive-home” commuter visibility</span></li>
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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285
