Property profile

1 Quality Way Fletcher, NC 28732

FOR LEASE
Industrial properties
Property ID
US53-2016731
365,659 SF 38.28 ac lot Built 1997
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

Quality Point, located at 1 Quality Way, Fletcher, NC 28732, offers a diverse range of industrial and office spaces for lease. This single-story, 360,000 square foot building, constructed in 1997 and renovated in 2013, sits on 38.28 acres and boasts a Class B rating. The property features a variety of configurations, with spaces ranging from a minimum of 3,000 square feet to a maximum contiguous space of 58,100 square feet. Currently, 58,818 square feet is available. The building is ideally suited for manufacturing, warehousing, distribution, flex, executive office, coworking, traditional office, and creative office uses. Amenities include 24 dock-high doors, 5 drive-in doors, 397 parking spaces, a 27-foot ceiling height, and 8 MW of power. One passenger elevator serves the building, which also features wet and dry fire sprinkler systems, high bay LED lighting, and 8-inch concrete floors. The property is conveniently located along Highway 280, just 1.5 miles from the Asheville Regional Airport, providing easy access to Interstates 26 and 40. The M-1 zoning and proximity to Asheville offer advantages in terms of a skilled workforce and housing options. The property is completely fenced, offering secure access with separate entrances for cars and trucks. Up to 270,000 square feet is available for distribution and manufacturing, with up to 32,000 square feet of executive office space, including a 32,000 square foot mezzanine level with dedicated entrances. The property is zoned M-1 in Henderson County, within the Asheville NC submarket cluster.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1997
Total area 365,659 SF
Lot 38.28 ac (1,667,477 SF)
Zoning code 9958527~M-1
APN 9642361779
UPID US53-2016731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm

Location

1 Quality Way Fletcher, NC 28732
Fletcher metro Census 930701 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$19.06M

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2023
$26.2M

Zoning & alternative use

9958527~M-1 · Fletcher, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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