$15,095,475
For Sale
11 N Market Street
Asheville, NC 28801
52505 sqft | #3849830
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Description
VWLF will commit to a longterm triple net lease of a newly constructed single- or multi-tenant building on the Langren Alley lot and of the Lawyers Walk lot, which will continue to provide client parking. While the new building is being designed, permitted and constructed, VWLF will lease back the entirety of its existing location at 11 N. Market Street on a triple net basis. This structure allows the purchaser to concurrently design and secure building permits to redevelop 11 N. Market Street while the building is fully leased to VWLF and cash flowing. Once VWLF occupies the new building,
Property Details
Property
- Stories:4
Measurements
- Square Feet:52505
Construction Details
Type & Style
- Property type:Purchase
Condition
- Year built:1931
Material information
- Foundation:Slab
Utilities / Energy Details
Utility
- Utility features:City Sewer, City Water
Community and Neighborhood Details
Location
- County:Buncombe
Financial Details
Pricing Details
- Original List Price:$15, 095, 475
- Selling Office Commission:3
- Days on Market (Cumulative):290
Other
Source
- MLS #:3849830
Location
Legal
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Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Jeremy Goldstein (#CARjego54828)
Listing Office: G/M Property Group (#CARNCM12700)
Steve HudsonReal Estate Group
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