4 Northcrest — Sale in Weaverville, NC

  • Price: $900K
  • Listing type: For sale
  • Asset type: Office
  • Location: Weaverville, NC 28787
  • Size: 2,710 SF
  • Year built: 1888

Investment Figures

Cap rate
6.30%
Price per square foot
$332
Price per unit
$899,900 across 1 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Positioned at the corner of Northcrest Road and Monticello Road on a busy 8,000cpd lot near Walmart and Lowe's, 4 Northcrest Drive sits at the epicenter of Weaverville's rapidly expanding commercial and medical corridor. With AdventHealth's 67-bed hospital now fully cleared for construction just minutes away, this asset represents one of Western North Carolina's most significant healthcare-driven growth opportunities. Investors gain access to a stabilized, passive NNN income stream with the security of an excellent tenant showing pride of business ownership, built in rental escalations and strong future marketability. The building offers 2700 rentable sq.ft., 8 offices and 2 bathrooms, a 13 car parking lot, a new metal roof and HVAC systems replaced within the last few years, and a well maintained exterior including attractive landscaping. NOI is currently $56,700 and increases to $58,600 in November. Rent is $21/sf and TICAMs are $3/sf. Tenant has signaled desire to remain in place. Building SF: 2710 | Land Size: 0.41 Ac | Year Built: 1888 | Listing Type: FOR SALE

Market Context

This office in Weaverville, NC is listed for sale at $899,900 across 2,710 SF ($332/SF). It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1888. It has been on the market for 71 days. Compare it against other office listings for sale in Weaverville, NC — view the full market.

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