90 Christ School Rd Arden, NC 28704
- Industrial properties
- 120,416 SF
- 6.19 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 90 Christ School Rd
- Year built
- 1972
- Construction
- STEEL FRAME
- Lot size
- 6.19 lot acres
- Property size
- 120,416 SF
- Zone code
- DEED DATE: 10/16/2000 DEE
- Property type
- Industrial properties
- APN
- 9653-69-1988-00000
- APU
- 965369198800000
Description
This exceptional industrial property, located at 90 Christ School Road in Arden, NC, presents a significant investment opportunity. Spanning 7.49 acres, the complex comprises two side-by-side manufacturing/warehouse buildings totaling 122,397 square feet. The property boasts a strong tenant in place, secured under a lease expiring October 2, 2026, at a rate of $8.00 per square foot. The buildings feature efficient layouts with column spacing of 30' x 40' and 20' x 30', providing ample space for various industrial operations. Loading and unloading are facilitated by eight truck docks and two drive-in doors. Approximately 11,000 square feet of office space is included, providing comfortable administrative areas. High ceilings, ranging from 24 feet to 36 feet depending on the building, offer significant vertical clearance for storage and operations. This property's strategic location in South Asheville, combined with its substantial size, modern features, and existing lease, makes it an ideal acquisition for investors seeking a stable, high-return industrial asset. The asking price for this exceptional property is $11,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arden
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5056
- Latitude
- 35.4577
- CBSA code
- 11700
- CBSA name
- ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
