Arden, NC Industrial Property For Sale

This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years.

This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.

Highlights:

Sale-Lease Back

No Landlord Maintenance

15 year term

100 year-old company

Immaculate Facility

Room for Expansion

Location:

Vista Industrial Park-a large, well maintained and managed, Industrial Real Estate neighborhood located South of Asheville. Easy Interstate Access 1 mile from I-26.

- Building size ±56,744 SF

- Acreage 5.66 AC

- Year Built 1972, expanded 1991

- Building Type Free standing, single-tenant

- Office s.f. ±5,207 SF

- Column Spacing 30’ x 30’ (typical)

- Clear Height 18’ - 22’

- Dock High Doors 10 dock-high doors (9’ x 10’)

9 pit levelers, 1 EOD

- Truck Court 120’-deep w/60’-80’ concrete apron

- Fire Protection Wet sprinkler system

- Lighting High bay metal halide

- Auto Parking 49 adjacent to building (expandable)

10 within fenced truck court

- Zoning EMP - Employment

- Features Fenced truck court

- Highly functional mezzanine space

containing racking and conveyor systems