1411 Tunnel Rd
Asheville, NC
Price:
$1,864,000
Cap Rate:
7.30%
NOI:
$136,079
Building Size:
Approx. 2,920 Sq. Ft.
Lot Size:
Approx. 0.94 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
1988
Investment Overview
- 2,920+/- SF Building on 0.94+/- Acre Site
- 15-Year Absolute NNN Lease w/ 4 Yrs Remaining on Initial Term
- Located Along Tunnel Road (18K VPD) Directly Off I-40 (60K VPD), Exit 55
- Near Waffle House, Arby’s, Citgo, Family Dollar, Bojangles, Domino’s
- Asheville Ranked #6 on the “Top Best Places to Live in U.S.” list by Livability.com
- Strong Income Demos with $72,078 within a 3-mile Radius
- Asheville | Buncombe County | Population: 93,500+
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