Industrial Warehouse with Long-Term
For Sale
$5,500,000
195 Johnston Boulevard, Asheville, NC 28806
Industrial warehouse offered for sale featuring a long-term lease and a single tenant for surplus building materials.
Property Size83,706 SF
Lot Size6.50 Acres
Price / SF$65.71
Days on Market89
Property Features for 195 Johnston Boulevard
General Information
Standard status
Active
Size
83,706 SF
Lot size
6.50 Acres
Property subtype
Industrial - Warehouse/Distribution
Additional Details
Cap Rate
9%
Building Details
Building Size
83,706 SF
Year Built
1949
Tenancy
Single
Listing Agency:
NAI Beverly-Hanks
(828) 210-3940
Listed By:
Terry Peterson · License #177585
Source:
Commercialcafe
Added: May 14
Changed: Aug 8
Last Checked: Aug 9 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Beverly-Hanks
Investment Insights
Based on property information with market context.
This for-sale industrial warehouse includes an 83,700 SF building on 6.5 acres, offered with a long-term lease. The property is currently occupied by a single business/lease that handles surplus building materials.
The seller’s remarks indicate the operating business has been in place for 20 years.
As presented, the offering centers on the leased warehouse building and land configuration supporting the ongoing use for surplus building materials under the existing lease arrangement.
The seller’s remarks indicate the operating business has been in place for 20 years.
As presented, the offering centers on the leased warehouse building and land configuration supporting the ongoing use for surplus building materials under the existing lease arrangement.
Key Highlights
- 83,700 SF industrial warehouse on 6.5 acres
- Long‑term lease with a single tenant for surplus building materials
- Business age: 20 years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Explore this area
Business Placement
Demographics for 28806, NC
44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Industrial warehouse offered for sale featuring a long-term lease and a single tenant for surplus building materials.
Where is this distribution center located?
The property is located at 195 Johnston Boulevard Asheville, NC.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 83,700 SF industrial warehouse on 6.5 acres; Long‑term lease with a single tenant for surplus building materials; Business age: 20 years
