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Renovated Office Building
New
For Lease
$24 SF/Yr

20 Rosscraggon Rd, Asheville, NC 28803

A flexible office layout includes a break area, updated building systems and parking for vehicles and equipment.

Space Size2,488 SF
Days on Market2

Property Features for 20 Rosscraggon Rd

General Information

Standard status Active
Size 2,488 SF
Property subtype Office
Lease Term NNN

Additional Details

Space Use Office

Amenities

kitchen/break room area

Building Details

Building Size 2,488 SF
Year Built 1905

Spaces For Lease

at 20 Rosscraggon Rd
20 Rosscraggon Road $24/SF/Yr
Size 2,488 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: Dewey Property Advisors
Listed By: Greg Palombi · License #NC #205020
Source: Deweypa
Added: Oct 23 Last Checked: Oct 23 at 3:19PM

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 Dewey Property Advisors

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Investment Insights

Based on property information with market context.

This renovated office building provides 8–9 private offices, two bathrooms and a kitchen or break room area. Plumbing is in place for a possible third bathroom, and the break room is plumbed and wired for installation. Building updates include HVAC, plumbing, electrical service, the roof and windows, with restored heart-of-pine hardwood flooring throughout.

The property is at 20 Rosscraggon Rd in Asheville. Extensive parking accommodates employees as well as company vehicles, trucks and equipment.

Key Highlights

  • 8–9 private offices in a flexible layout
  • Extensive parking for employees, fleet vehicles, trucks and equipment
  • Renovated HVAC, plumbing, electrical systems, roof and windows

Property Analytics

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Current Use

Gibson Pest Control Garden Center

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Auto Repair Shop Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby

Demographics for 28803, NC

34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Asheville, NC

$22.93 /SF/Yr
Avg Asking Price
$18–$25.44 /SF/Yr
Price Range
5,288 SF
Avg Space Size

This space is priced 5% above the average of $22.93 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - A flexible office layout includes a break area, updated building systems and parking for vehicles and equipment.
Where is this office building located?
The property is located at 20 Rosscraggon Rd Asheville, NC.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 8–9 private offices in a flexible layout; Extensive parking for employees, fleet vehicles, trucks and equipment; Renovated HVAC, plumbing, electrical systems, roof and windows
More about this property
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