Hendersonville, North Carolina – Our Net Lease Properties information today comes from the beautiful State of North Carolina. Our check for Net Lease Properties in the area resulted in finding the sale of a Walgreen’s Pharmacy. This net leased property is a 15,371 square foot, single-tenant building. This net lease property is located in Hendersonville, North Carolina. Property like this described investment is ideal for a 1031 Exchange.
Hendersonville, North Carolina is located approximately 20 miles southeast of Asheville, North Carolina. This Net Lease Investment is in Henderson County, North Carolina. Henderson County is part of the four-county Asheville Metropolitan Statistical Area, and remains one of the mot highly populated areas in North Carolina. With numbers like these for retail traffic, this is a wise choice for triple net lease properties. The historic downtown of Hendersonville has a well-preserved Main Street district with many restaurants, antique shops, and boutiques. Hendersonville is home to many festivals throughout the year and maintains a steady amount of tourism from the surrounding vacation destinations. The Net leased property was purchased for $5,033,000.
This unique net lease property gives this savvy investor a long-term property with an A+ rated tenant in the well-established bedroom community of Hendersonville. The net lease property address is 1148 Asheville Hwy, Hendersonville, with the zip code of 28791.
This Net Lease Property had a rent commencement date of February 16, 2009. The whereabouts of this property is on the NE corner of the intersection of Oakland Street and Asheville Highway/US-25. This is a desirable location for triple net lease properties as the intersection is considered the epicenter of Hendersonville. Also US-25 serves as the main north-south commercial corridor that runs through the historic downtown district. Again, a wise investment as this Net Lease Property has No Landlord responsibilities, and the tenant is responsible for all expenses, including taxes, insurance and CAM.
This net lease property site was strategically chosen due to its proximity to the Margaret R. Pardee Memorial Hospital, various (MOB) medical office buildings and the local high school and middle school. Nearby net lease properties are National retailers such as SunTrust, Exxon, Rite Aid, Ingles, Bank of America, Burger King and Sprint are all located in the immediate vicinity.
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