2551 Smokey Park Hw

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2551 Smokey Park Hw

Candler, NC 28715
Asking Price
$4.75M
Asset Type
Retail
Class
Class B

What's Special

2551 Smokey Park Highway is situated in the heart of Candler, North Carolina, a growing suburb just west of Asheville. The property occupies a prominent position on a high-traffic regional corridor characterized by a mix of established retail centers, quick-service restaurants, and residential developments. This location provides convenient access to Interstate 40 and Interstate 26, facilitating easy transit for commuters and residents throughout Buncombe County. Nearby amenities include national grocery anchors, healthcare facilities, and local schools, contributing to consistent daily traffic counts and local visibility. This versatile retail asset is well-suited for a variety of commercial applications, ranging from boutique storefronts to service-oriented businesses. Ideal use cases include specialty retail, professional offices, or light medical clinics that benefit from high frontage exposure. The typical tenant profile aligns with regional brands or local operators seeking to capitalize on Candler's expanding demographic base. The functional layout and accessible parking cater to businesses requiring high customer turnover and clear navigational access in a developing commercial submarket.

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NOI
$80,000
Cap Rate
1.68%
DSCR
0.28
Underwater
Cash-on-Cash
-14.18%
Monthly Payment
$23,500.408
Annual Cash Flow
$-202,004.9

Location & Travel Times