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$8,000,000

  • Sold
  • Closed
  • Commercial
  • 55,620 Sq. Ft.
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This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years. This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.

Full Property Details for 140 Vista Blvd

General

  • Sold For: $8,000,000
  • Status: Closed
  • Type: Commercial
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4104936
  • Added to Site: 746 day(s) ago

Interior

  • Flooring: Carpet, Concrete, Tile

Additional Information

  • Equipment: Other - See Remarks

Location

  • County: Buncombe
  • Driving Directions: Vista Industrial Park-a large, well maintained and managed, Industrial Real Estate neighborhood located South of Asheville. Easy Interstate Access 1 mile from I-26.
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • # Buildings: 2
  • Drive-In Doors: 1
  • # Loading Docks: 6
  • Square Feet: 55,620
  • Minimum Avail: 55,620 Sq. Ft.
  • Year Built: 1999

Lot Features

  • Street/Road Desc.: Paved
  • Rcmdd Zoning: EMP

Disclosures and Reports

  • Restrictions: No Restrictions
  • Property ID: 9634-33-7548-00000
  • Lot Number: 5320-1414

Listed by Whitney Commercial Real Estate
Sold by Whitney Commercial Real Estate

Listing agent

— 140 Vista Blvd —

  • Whitney Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 140 Vista Blvd

School District:Buncombe County Schools
NameGradesDistance
Avery's Creek Elementary
15 Park South Boulevard, Arden, NC 28704
PK-40.9 mi
Valley Springs Middle
224 Long Shoals Road, Arden, NC 28704
7-82.7 mi
Koontz Intermediate School
305 Overlook Road, Asheville, NC 28803
5-62.7 mi
T C Roberson High
250 Overlook Road, Asheville, NC 28803
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 140 Vista Blvd

Date
Details
Price
Change
Source
5/31/2024
Sold
$8,000,000
-1.33%
MLS
1/30/2024
Listed
$8,107,531
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Whitney Commercial Real Estate
Sold by Whitney Commercial Real Estate

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140 Vista Boulevard, Arden, NC 28704 (MLS# 4104936) is a Commercial property that was sold at $8,000,000 on May 31, 2024. Want to learn more about 140 Vista Boulevard? Do you have questions about finding other Commercial real estate for sale in Arden? You can browse all Arden real estate or contact a Coldwell Banker agent to request more information.