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 high-traffic area characterized by a mix of established retail centers, local businesses, and residential neighborhoods. Immediate neighbors include national grocery anchors, quick-service restaurants, and professional offices. The site provides direct frontage on US-64, ensuring consistent visibility and straightforward vehicular access for residents and tourists traveling between downtown Brevard and the Pisgah National Forest. The property is suited for a variety of retail uses, including small-scale showrooms, specialty boutiques, or service-oriented businesses. Its location near major commercial hubs makes it an ideal fit for regional franchisees or local service providers seeking a high-exposure storefront. Typical tenants may include hardware retailers, fitness studios, or consumer services that benefit from the steady daily traffic counts and proximity to the city's concentrated retail activity.

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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