16 College Street, Asheville, NC 28801-2803 (MLS # 4080623)

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PRICE $4,450,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 3,921 sqft
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OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN ASHEVILLE. NEW 10-YEAR NNN LEASE TO PRESTIGIOUS FINANCIAL ADVISORY FIRM. - Prominent, historic building located in the core of downtown Asheville, NC. Meticulously renovated since 2016 into Class A office space. - New 10-year single tenant lease to creditworthy tenant, Modera Wealth Management, successor to Parsec Financial Management. - Triple net (NNN) investment opportunity requiring minimal management. - Below market rental rate provides tremendous long-term upside potential. Headquarters for Parsec Financial Management for 40 years, a testament to the firm's long term commitment to downtown Asheville. ***SEE BROCHURE FOR MORE INFORMATION***

YEAR BUILT 1898 COUNTY Buncombe
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air, Ductless, Heat Pump, Zoned
AIR CONDITIONING Yes
AREA None
CONSTRUCTION Brick Partial, Hard Stucco, Other - See Remarks
HEAT Central, Ductless, Heat Pump, Office only, Separate Meters
LOT 3920 sq ft
MLS STATUS Active
PARKING None
SEWER Public Sewer
WATER City
ZONING CBD
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TOTAL MONTHLY PAYMENT

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Listed with G/M Property Group
Date last updated: 12/8/23 8:28 AM PST

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