440 Montford Ave - Office/Residential FOR SALE
Asheville, NC 28801 |
440 Montford Ave
Asheville, NC 28801
HIGHLIGHTS
- Minutes from Downtown Asheville
- Ample parking
- Historic Montford location, quiet neighborhood
- Same tenancy for past 10 years -- Starks Financial Group (Raymond James Financial Svcs) was acquired by Mercer Advisors in July 2022
- Current Mercer Advisors lease: 3-year base term with two 2-year options
- 3% annual rental increases
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
ADD'L SUBTYPES
Office/Residential
TOTAL BUILDING SIZE
4800
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1905
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.39 AC AC
LAND SF
16,988 SF
ZONING
-
APN/PARCEL ID
9639-85-9123-00000
