421 S Church St - Office FOR SALE


Hendersonville, NC 28792- Downtown Hendersonville
$2,195,000 USD
828-243-8490
421 S Church St, Hendersonville, NC for Sale
$2,195,000 USD
Office - FOR SALE
1/15
null | 6.21% Cap Rate

421 S Church St
Hendersonville, NC 28792
Downtown Hendersonville


HIGHLIGHTS

  • Trophy property in downtown Hendersonville, NC
  • High visibility, with great ingress and egress, and onsite parking
  • Entry lever front door parking.

OVERVIEW

Jones Commercial Properties is pleased to present the exclusive offering of 421 S. Church Street, a premier Class A, free-standing, two-story office building located in the heart of Hendersonville, North Carolina. This 100% occupied, income-producing asset represents a rare opportunity to acquire a stabilized investment with two long-term corporate tenants, both of whom have renewed their leases multiple times — a testament to the quality of the building and its strategic location. The property is anchored by Wells Fargo Advisors (5,666 SF, 1st & 2nd floors) and PragerMetis CPAs (2,122 SF), both under full-service, 3-year leases with contractual 3% annual rent escalations. The structured rent bumps provide an investor with a built-in, predictable income growth stream that keeps pace with inflation — without the volatility of variable-rate adjustments. The building features a dramatic two-story entrance foyer, elevator, ADA-compliant ramp, front and rear parking, and professionally maintained landscaping — all contributing to an exceptional tenant experience and strong curb appeal befitting its Class A designation.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

6.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

9927609~CMU

APN/PARCEL ID

9927609

ASK ABOUT THIS PROPERTY

Gary Jones, CCIMJones Commercial PropertiesMore Info
828-243-8490

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

Gary Jones, CCIMJones Commercial PropertiesMore Info
828-243-8490

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