500 West St - Office FOR SALE
Spindale, NC 28160 |
$1,750,000 USD
614-653-3432
500 West St
Spindale, NC 28160
HIGHLIGHTS
- 11,809-SF, Two Story, Class-A Multi-Tenant Office Building On +/-3.50 Acre Lot With Lighted Parking Lot (120 Surface Spaces) With New Lobby Carpeting
- 83% Occupied by USDA Farm Services Bureau and Carolina Home Health, United Healthcare Parent Company
- USDA Recently Renewed Their Lease for 10 Years, Carolina Home Care Has 2.5+ Years Remaining With 2, 5-Year Renewal Options and 2.5% Annual Increases
- Leasing Upside: 2,000-SF Vacancy on 2nd Floor | Open Floor Plan With High Ceilings, Large Windows and Elevator Access | High Speed Fiber Internet
- +/-10.50 Acres of Flat Land on Adjacent Parcel Also For Sale | Residential Zoning With Frontage Along Railroad Ave/US-74 Alt
OVERVIEW
11,809-SF (16,000-GSF) Two Story, Class-A Multi-Tenant Office Building On +/-3.50 Acre Lot With Lighted Parking Lot with 120
Surface Spaces. 83% Occupied by USDA Farm Services Bureau and Carolina Home Health, United Healthcare Parent Company.
New Carpet Being Installed in the Lobby in July, 2025
Located Southeast of Asheville, NC
FOR SALE DETAILS
PRICE
$1,750,000 USD
PRICE/SF
$109 USD /SF
CAP RATE
8.96%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Rutherford Business Center | SE of Asheville
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
A
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
120
LAND DETAILS
LAND ACRES
3.5 AC
LAND SF
152,460 SF
ZONING
HC-1
APN/PARCEL ID
1646373
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614-653-3432
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614-653-3432
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