Flex Building with
141 Glenn Bridge Road Suite A/B, Arden, NC 28704
For Sale
Contact for pricing
Office space, a break area, and warehouse capacity are complemented by on-site utilities and shared parking.
Property Size1,989 SF
Price / SF$0.69
Days on Market54
Property Features for 141 Glenn Bridge Road Suite A/B
General Information
Standard status
Size
Property subtype
Amenities
Fiberglass
Public Sewer
Additional parcels description:, Parcel Number: 9654-01-4721-00000, Assessed Value: $1.8732e+06, Zoning: CI
Concrete, Vinyl
Central Air
Natural Gas
Listing ID: CAR4427679, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial
10 total parking spaces
Built in 1989, Living area: 3320, 1 building, Construction Materials: Stone, Wood
County/Parish: Buncombe
4 total bathrooms
Electricity Connected, Natural Gas, Water Source: City
Frontage Type: State Road, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
Year Built
Listing Agency:
Whitney Commercial Real Estate
Listed By:
James Harrison · License NC #282322
(828) 665-9085
Source:
Blackstreaminternational
Added: Sep 23
Changed: Nov 14
Last Checked: Nov 14 at 6:17AM
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 Whitney Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 3,320-square-foot flex property combines 2,220 SF of office space across 7 offices with a kitchen/break area and 4 bathrooms. The 1,100 SF warehouse has two drive-in doors and 9' ceilings. Improvements include a new roof, fresh interior and exterior paint, carpet, and lighting.
Water, sewer, natural gas, and 3-phase electricity are available on site. Parking is shared with Unit C/D. The property is in Arden, with access to Hendersonville Road and I-26; Asheville and Hendersonville connect to the same business corridor, and nearby amenities and retail resources are easily accessible.
Water, sewer, natural gas, and 3-phase electricity are available on site. Parking is shared with Unit C/D. The property is in Arden, with access to Hendersonville Road and I-26; Asheville and Hendersonville connect to the same business corridor, and nearby amenities and retail resources are easily accessible.
Key Highlights
- 3,320‑square‑foot flex property with office and warehouse areas
- 2,220 SF of office space arranged across 7 offices
- 1,100 SF warehouse with two drive‑in doors and 9' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,483
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,660
$429.7K
Cap Rate 7%
$306,900
$306.9K
Cap Rate 9%
$238,700
$238.7K
Market Conditions
NOI Build-Up for 3,320 SF
Gross rent
$33.9K $10.20/SF
− Vacancy
−$813 −$0.24/SF
EGI
$33.1K $9.96/SF
− OpEx
−$11.6K −$3.48/SF
NOI
$21.5K $6.47/SF
Area
Buncombe County, NC
Vacancy
2.40%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,660
Cap Rate 7%
$306,900
Cap Rate 9%
$238,700
Alternative Uses
Best Use
Warehouse
$401.3K
$351.2K – $468.2K
NOI $28,094 @ 7.0% cap
Second Best
Industrial
$330.5K
$289.2K – $385.6K
NOI $23,136 @ 7.0% cap
Theoretical Best
Office A
$1.05M
$918.6K – $1.22M
NOI $73,488 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 28704, NC
23,734
Population
11,514
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
92%
High-School Grad
30.1 sq mi
ZIP Area
789
Density / Sq Mi
$79,088
Median Household Income
$39,072
Median Earnings
$1,369
Median Rent
$343,600
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Buncombe County, NC
Properties on Market for Flex space in Buncombe County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Colorful Palate Catering (kitchen) — 3871 sweeten creek road suites f&g, arden, nc 28704
- Fioreously Delicious, Inc. — 3871 Sweeten Creek Rd Suite F, Arden, NC 28704
Frequently Asked Questions
What type of property is this?
Flex space - Office space, a break area, and warehouse capacity are complemented by on-site utilities and shared parking.
Where is this flex space located?
The property is located at 141 Glenn Bridge Road Suite A/B Arden, NC.
What are key features of this property?
This property features: 3,320‑square‑foot flex property with office and warehouse areas; 2,220 SF of office space arranged across 7 offices; 1,100 SF warehouse with two drive‑in doors and 9' ceilings
