Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • High traffic commercial / medical corridor | Near Walmart, Lowe's & Advent Health
  • Stable NNN lease at 6.3% cap - currently $56,700 NOI
  • NNN Lease to Whole Family Therapy, PLLC

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
2,700 SF
Building Class
C
Year Built
1888
Price
$1,251,383 CAD
Price Per SF
$463.48 CAD
Cap Rate
6.30%
NOI
$78,837 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,350 SF
Building FAR
0.15
Lot Size
0.42 AC
Zoning
I-1 - Light industrial and commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
9733-70-1669-00000
Land Assessment
$84,824 CAD
Improvements Assessment
$499,890 CAD
Total Assessment
$584,714 CAD
  • Listing ID: 39979054

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 4 Northcrest Dr, Weaverville, NC 28787

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}