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- LoopNet Team
12 Patton Cove Rd
Swannanoa, NC 28778
Land For Sale · 1.60 AC
Investment Highlights
- Location, Location, Location
PROPERTY FACTS
Description
Original 15 year ground lease with Popeyes. 14 Years left on triple NNN lease. No landlord reponsibility. Great location in huge growth area off interstate 40 next to Harley Davidson Dealership, CVS and Dunkin Doughnuts. Located outside Asheville, NC. One of the fastest growth areas in NC. New building design with double drive thru lanes. First year sales very strong. 10 percent increases every 5 years. Blended Cap: 5.64%. 1-5. $80,000 6-10 $88,000 11.15 $96,800 NNN Popeyes. 14 years left with 10 percent increases every 5 years. Stable long tern investment right off interstate 40. Asheville regional area. Located adjacent to Harley Davidson of Asheville NC.
PROPERTY TAXES
| Parcel Number | 9689-80-8333-00000 | Improvements Assessment | $100 |
| Land Assessment | $1,184,800 | Total Assessment | $1,184,900 |
PROPERTY TAXES
zoning
| Zoning Code | CS (Commercial Service District -- Buncombe County, NC) |
| CS (Commercial Service District -- Buncombe County, NC) |
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