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    141 Brickton Dr Fletcher, NC 28732

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    For Lease
    $10 SF/Yr

    New construction warehouse/flex space with easy access to transportation routes.

    Property size:
    45,000 SF
    Added:
    Oct 3, 2025
    Days on Market:
    182
    Last Refresh:
    Mar 25 at 8:31 pm

    Property Features for 141 Brickton Dr

    General Information

    Standard status
    Active
    Size
    45,000 SF

    We can help!

    Listing Contact
    Stacy Wheeler

    Listing agent Stacy Wheeler

    Listing office Likewise Commercial Real Estate

    Listing date Oct 3, 2025

    Source Exprealty

    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 Likewise Commercial Real Estate

    Overview

    New Construction Warehouse/Flex Space

    This new construction warehouse, flex, and light manufacturing facility offers spaces ranging from 5,000 to 45,000 square feet and provides convenient access to major transportation routes. The building features drive-in overhead doors measuring 9 to 12 feet wide and 14 feet tall. The property can be subdivided into sections as small as 5,000 square feet. It includes 6-inch concrete flooring, ceiling heights ranging from 20 to 24.5 feet, water and sewer connections, gas, submetered utilities, and signage opportunities. Additional amenities include a shared dumpster pad, paved parking, concrete sidewalks, and professionally maintained landscaping. The property is delivered as a warm industrial shell. Strategically located 1.9 miles from I-26, it is situated in an area known for its premier industrial facilities. The property is intended for warehouse, flex, and light manufacturing use.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fletcher
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.4624
    Latitude
    35.4492

    Nearby Similar for Lease

    • Contact for pricing

      Fletcher Industrial Truck Terminal/Warehouse

      Industrial space for lease with fenced yard near I-26.
      Guaranteed Way, Fletcher, NC 28732
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    • Contact for pricing

      Fletcher Warehouse with Fenced Yard

      12,000 SF warehouse with fenced yard for lease.
      142 Brickton Drive, Fletcher, NC 28732
      View Details
    • Contact for pricing

      Fletcher Retail/Office Space Available

      Retail or office space in Fletcher, full service gross lease.
      3811 Hendersonville Rd, Fletcher, NC, 28732-8241
      View Details
    • $41/mo

      Fletcher Industrial Space For Lease

      10,000 SF industrial space available for lease in Fletcher, NC.
      127 Old Hendersonville Rd, Fletcher, NC 28732
      View Details
    • Contact for pricing

      Fletcher Manufacturing and Distribution Facility

      Former manufacturing facility near Asheville with office and distribution space.
      1 Quality Way, Fletcher, NC 28732
      View Details

    FAQs

    What type of property is this?
    Flex space - New construction warehouse/flex space with easy access to transportation routes.
    Where is this flex space located?
    The property is located at 141 Brickton Dr Fletcher, NC.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Strategic location: Just 5 minutes (1.9 miles) from I‑26 for easy access.; Flexible space options: Subdividable from 5,000 SF up to 45,000 SF.; New construction: Modern warehouse/flex/light manufacturing facility.
    (828) 222-3685
    We can help!
    Listing Contact
    Stacy Wheeler
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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