25 Jane Jacobs RoadBlack Mountain, NC 28711Price: $3,300,000

  • Price: $3,300,000
$/month over payments
Federal 30-year interest rate: 4.04% last updated on Jan 18, 2018
* 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.
  • 3361963MLS Number
  • 1.94Acreage
  • 2003Year Built

Listing Tools

16,696 sq ft high end fitness center of a standard unparalleled in WNC. Long term NNN lease in place with stable a tenant offers investors an attractive cap rate of over 7.5% on the asking price, with yearly rent increases of 2% giving a total return of over 9.5%. The tenant is the only full service fitness center in Black Mountain and has been in operation since 2003. This facility boasts a pool with hot tub and sauna facilities together with group work out areas, racquetball court, child care facility, cafe, office, storage, private massage rooms and ample parking. The property is impeccably maintained with beautiful mature landscaping. Long term attractive lease in place allowing for continued growth. Listing agent assisted showings only. No unassisted walk-through. Please do not disturb tenant or their clientele.

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Listed by Carla Barnard of Keller Williams Professionals
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