Property summary
This Class A, 38,421 square foot office park in Waynesville, NC (Asheville MSA), presents a compelling investment opportunity. Currently 100% occupied with a diverse mix of institutional tenants including Duke Lifepoint, LHC Group, Emerge Ortho, and the State of North Carolina, this multi-tenant property offers strong, medium-to-long-term lease stability. The asking price is $6,500,000, representing a 7.00% cap rate and a price per square foot of $169.18. The property benefits from a net lease structure, minimizing landlord responsibilities, and features an on-site maintenance person. Over the past five years, approximately $1.3 million has been invested in building and site upgrades, tenant improvements, and unfits, eliminating any deferred maintenance concerns. Strategically located approximately 1.5 miles from Haywood Regional Hospital, this property offers exceptional value and a secure investment profile within a thriving healthcare market. The property is categorized as an institutional investment and includes both medical and traditional office space.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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