Office
Class-A Multi-Tenant Office Building | +/- 3.50 AC | Vacancy Upside | Southeast of Asheville, NC
500 West St, Spindale, NC 28160
Listing Price: $1,750,000
Investment Overview
Class-A 11,809-square-foot multi-tenant office building on approximately 3.5 acres, 83 percent leased to USDA (10-year renewal) and Carolina Home Health (United Healthcare). Includes a 2,000-square-foot lease-up opportunity and sits adjacent to approximately 10.5 acres of commercially and residentially zoned land.
Prime location off US-74 ALT with strong traffic, national retailers nearby, and access to Asheville, Charlotte, and Spartanburg. North Carolina ranks #1 for business, with strong local demographics and growth.
Class-A Multi-Tenant Office Building | +/- 3.50 AC | Vacancy Upside | Southeast of Asheville, NC
Investment Highlights
- 11,809 Rentable Square Feet (16,000 Gross Square Feet), Two Story, Class-A Multi-Tenant Office Building on Approximately 3.50 Acre Lot with Lighted Parking Lot (120 Surface Spaces)
- 83 Percent Occupied by USDA Farm Services Bureau and Carolina Home Health, United Healthcare Parent Company
- USDA Recently Renewed their Lease for 10 Years, Carolina Home Care has Over 2.5 Years Remaining with Two, Five-Year Renewal Options and 2.5 Percent Annual Increases
- Leasing Upside: 2,000-Square-Foot Vacancy on 2nd Floor | Open Floor Plan with High Ceilings, Large Windows and Elevator Access | Two High Speed Fiber Internet Lines Available
- Approximately 10.50 Acres of Flat Land on Adjacent Parcel also for Sale | Residential Zoning with Frontage Along Railroad Avenue/US-74 Alt
- Easy Access to US-74 ALT, with 15,000 Vehicles per Day and 0.5 Miles from US-221 / US-74 Intersection, Seeing Over 25,000 Vehicles per Day
- Spindale is Roughly 50 Miles from Asheville, Charlotte and Spartanburg Metro Areas
- CNBC Recently Selected North Carolina as the #1 State for Business in U.S., for it's Economy and Workforce | Strong and Stable Demographics: Population Exceeds 23,300 within Five-Miles and is Projected to Grow by 2029 |Daytime Population of Over 24,700 within Five-Miles
Office
Class-A Multi-Tenant Office Building | +/- 3.50 AC | Vacancy Upside | Southeast of Asheville, NC
Listing Price: $1,750,000
Investment Highlights
- 11,809 Rentable Square Feet (16,000 Gross Square Feet), Two Story, Class-A Multi-Tenant Office Building on Approximately 3.50 Acre Lot with Lighted Parking Lot (120 Surface Spaces)
- 83 Percent Occupied by USDA Farm Services Bureau and Carolina Home Health, United Healthcare Parent Company
- USDA Recently Renewed their Lease for 10 Years, Carolina Home Care has Over 2.5 Years Remaining with Two, Five-Year Renewal Options and 2.5 Percent Annual Increases
- Leasing Upside: 2,000-Square-Foot Vacancy on 2nd Floor | Open Floor Plan with High Ceilings, Large Windows and Elevator Access | Two High Speed Fiber Internet Lines Available
- Approximately 10.50 Acres of Flat Land on Adjacent Parcel also for Sale | Residential Zoning with Frontage Along Railroad Avenue/US-74 Alt
- Easy Access to US-74 ALT, with 15,000 Vehicles per Day and 0.5 Miles from US-221 / US-74 Intersection, Seeing Over 25,000 Vehicles per Day
- Spindale is Roughly 50 Miles from Asheville, Charlotte and Spartanburg Metro Areas
- CNBC Recently Selected North Carolina as the #1 State for Business in U.S., for it's Economy and Workforce | Strong and Stable Demographics: Population Exceeds 23,300 within Five-Miles and is Projected to Grow by 2029 |Daytime Population of Over 24,700 within Five-Miles
Investment Overview
Class-A 11,809-square-foot multi-tenant office building on approximately 3.5 acres, 83 percent leased to USDA (10-year renewal) and Carolina Home Health (United Healthcare). Includes a 2,000-square-foot lease-up opportunity and sits adjacent to approximately 10.5 acres of commercially and residentially zoned land. Prime location off US-74 ALT with strong traffic, national retailers nearby, and access to Asheville, Charlotte, and Spartanburg. North Carolina ranks #1 for business, with strong local demographics and growth.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
