140 Vista Boulevard, Arden, NC 28704 (MLS # 4104936)
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This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years. This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.
| YEAR BUILT | 1999 | COUNTY | Buncombe |
|---|---|---|---|
| STATUS | Closed | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | Forced Air |
| LOT | 9.4 acre(s) |
| MLS STATUS | Closed |
| SEWER | Public Sewer |
| STORIES | 1 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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