16 College StreetAsheville, NC 28801Sale Price: $3,975,344

  • Sale Price: $3,975,344
  • 216 Days Since Sale
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Federal 30-year interest rate: 6.08% last updated on Sep 26, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,450,000List Price
  • 0.09Acreage
  • 15,499Square Feet

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OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN ASHEVILLE. NEW 10-YEAR NNN LEASE TO PRESTIGIOUS FINANCIAL ADVISORY FIRM. - Prominent, historic building located in the core of downtown Asheville, NC. Meticulously renovated since 2016 into Class A office space. - New 10-year single tenant lease to creditworthy tenant, Modera Wealth Management, successor to Parsec Financial Management. - Triple net (NNN) investment opportunity requiring minimal management. - Below market rental rate provides tremendous long-term upside potential. Headquarters for Parsec Financial Management for 40 years, a testament to the firm's long term commitment to downtown Asheville. ***SEE BROCHURE FOR MORE INFORMATION***
Listed by John Menkes of G/M Property Group (jmenk@gmproperty.com)

Listing Sold by Keller Williams Professionals

Property Details of 16 College Street

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