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.

Property Details

Utilities and Appliances

Driving Directions

Listed by Carla Barnard of Keller Williams Professionals
Broker Reciprocity

© 2018 by the North Carolina Multiple Listing Service. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the North Carolina Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than a consumer looking to purchase real estate, is prohibited.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field:

Member Benefits!

Perks include saved searches, bookmarked listings, and updates when new listings come on the market that you may be interested in! Go ahead, become a member, it's free! GREAT, SIGN ME UP!

Stay Up to Date on Our Blog:

Asheville Happenings and Things to do in April 201804.04.2018

Asheville and Western NC has so much to offer especially when Spring [...]

St Patrick's Day 2018 in Asheville and Western NC03.14.2018

St. Patrick's Day is always fun, but in Asheville and Western NC it is a [...]