1025 Asheville Highway

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1025 Asheville Highway

Brevard, NC 28712
Asking Price
$2.57M
Asset Type
Retail
Class
Class B

What's Special

1025 Asheville Highway is located along a primary commercial corridor in Brevard, North Carolina. The property sits within a busy retail cluster characterized by a mix of local businesses and national chains, including grocery stores and hardware centers. This position offers direct frontage and visibility on US-64, a major thoroughfare connecting Brevard to neighboring Hendersonville and Pisgah National Forest. The site provides convenient access for local residents and regional commuters traveling through the Blue Ridge area. The location is suited for general retail use, professional services, or small-scale distribution. The property profile appeals to tenants requiring high vehicle traffic counts and proximity to established commerce centers. Typical occupants for this asset type include specialty boutiques, health and wellness clinics, or quick-service food operators. The surrounding demographics support businesses that cater to both the permanent residential population and the seasonal tourism industry.

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NOI
$80,000
Cap Rate
3.11%
DSCR
0.52
Underwater
Cash-on-Cash
-9.43%
Monthly Payment
$12,734.748
Annual Cash Flow
$-72,816.971

Location & Travel Times