Tuesday, January 6, 2015

Asheville, NC Vitamin Shoppe and America's Best NNN

Investment Highlights

Price: $2,999,259 - CAP: 6.75%

Property Highlights:
  • Asheville is largest city in Western NC
  • Tunnel Rd known as the #1 retail corridor in Western NC
  • Corporate guaranteed
  • Rent increases every Five Years
  • America's Best new 10 Year Lease
  • Vitamin Shoppe 7 years remaining on initial Lease
  • 1/2 mile from Asheville Mall with Belk, Dillards and JC Penney

Property Description:

6,638 SF building constructed in 2012 located on Tunnel Rd
100% occupied by Vitamin Shoppe and America's Best
Long term lease in place with Fairway Advertising for Billboard on property 

Additional Tags: 
NNN Properties, health, Single tenant net leased real estate investments, vitamins, off market triple net, supplements, 1031 Exchange, nutrients, STNL, beauty

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