38 Heritage Park Dr - Auto Repair FOR SALE


Fletcher, NC 28732
$2,678,582 USD
203-253-9455
38 Heritage Park Dr, Fletcher, NC for Sale
$2,678,582 USD
Auto Repair - FOR SALE
1/3
null | 6.75% Cap Rate

38 Heritage Park Dr
Fletcher, NC 28732


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Brand-New Long-Term Triple-Net (NNN) Lease
  • Strong Demographics & Affluent Community
  • Proximity to Asheville, NC

OVERVIEW

Surmount is pleased to present the exclusive listing for a Main Street Auto located at 38 Heritage Park Drive, Fletcher, NC 28732. The site consists of roughly 5,043 rentable square feet of building space on an estimated 0.33-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $180,804 and has scheduled increases of 2.00% annually starting 3/1/2031.

FOR SALE DETAILS

PRICE

$2,678,582 USD

PRICE/SF

$561 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

1017098~RC

APN/PARCEL ID

1017098

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.