Carolina Life Properties LLC
Carolina Life Properties LLC
Sally Webster, Carolina Life Properties LLCPhone: (703) 626-9281
Email: [email protected]
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listing
1 of 7
CommercialFor Sale
$15,095,475
11 N Market Street
Asheville, NC 28801
Listed by: (NCM12700) G/M Property Group, 828-281-4024
MLS: Canopy MLS
52,505Sq Ft
Est. Mortgage
$78,020/mo

VWLF will commit to a longterm triple net lease of a newly constructed single- or multi-tenant building on the Langren Alley lot and of the Lawyers Walk lot, which will continue to provide client parking. While the new building is being designed, permitted and constructed, VWLF will lease back the entirety of its existing location at 11 N. Market Street on a triple net basis. This structure allows the purchaser to concurrently design and secure building permits to redevelop 11 N. Market Street while the building is fully leased to VWLF and cash flowing. Once VWLF occupies the new building, the short term leaseback of 11 N. Market Street will terminate and the purchaser can seamlessly commence redevelopment. 3 parcels/3 PINs.

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Information courtesy of (NCM12700) G/M Property Group is subject to verification and is not guaranteed.
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