8 Loop Rd
Arden, NC 28704

SBA loan pre-approval for qualified applicant. Loan terms: 25 year term, 1st 5 years fixed rate @5.5% with 10% down payment. Loan Rate resets to Prime plus 2.25 every 5 years. +/- 1.94 acres located in Arden, North Carolina off Airport Road. The site is developed with three free standing buildings totaling approximately 13,349 sf and is currently used for light manufacturing and warehousing. Building #1 has a truck dock and two overhead/drive-in doors; building #2 a raised dock and one overhead/drive-in door and building #3 two overhead/drive-in doors. The subject property is zoned EMP, Employment District which is primarily intended to provide appropriately located sites for employment concentrations primarily for office uses, industrial uses, storage and warehousing, and wholesale trade. Loop Road is a private, two lane asphalt paved road with street lights and connects directly into Airport Road. The subject property is located in an industrial area known as Airport Industrial Park within the Loop Road neighborhood. The neighborhood lies behind Airport Road, a major commercial corridor, and consists of large, industrial facilities with offices, processing, and warehousing space as well as unimproved, large acreage tracts of land for industrial development. The properties surrounding the Loop Road neighborhood also include retail centers, hotel/motels, fast food facilities, shopping centers, etc. as well as residential developments. The location of the subject property is ideally situated just off Airport Road, a heavily trafficked corridor for southern Buncombe County, northern Henderson County and Mills River. Additionally, the site is close to and on the south side of Asheville which is a known distribution hub, close to I-26 (exit 40) as well as the Asheville Regional Airport. Future development trends within the immediate area reveal the development of current construction and development for the new Ingles Grocery Store and traffic light along Airport Road at the intersection of Loop Road and Airport Road.