35 & 37 Loop Road

35 & 37 Loop Road, Arden, NC 28704

  • For Sale $2,400,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 17,520 SF
  • Units 5
  • Lot Size 2.38 Acre
  • Parking Spaces Avail. 45
  • Parking Ratio 2.57 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1998
  • Date Updated Feb 19, 2025
  • Dock High Doors 1
  • Grade Level Doors 6
  • Fire Sprinklers None
  • HVAC None
35 & 37 Loop Road is approximately one mile from I-26 Exit 40 (Asheville Regional Airport), and approximately 0.2 miles from the signalized intersection of high-traffic Airport Road (32,500 vehicles per day). The property is approximately 15 miles south of Downtown Asheville, and approximately 13 miles north of Downtown Hendersonville.Rare opportunity to purchase a fully-leased, multi-tenant flex property in Arden, NC. The property at 35-37 Loop Road consists of 2 buildings, 5 units, and 17,520 square feet on a single parcel. Located just off the signalized intersection of Airport Road and Loop Road (cornered by Ingles and Dick's Sporting Goods), the property provides incredible access to I-26 Exit 40 (1 mile), the Asheville Regional Airport (1.2 miles), Downtown Asheville (15 miles) and Downtown Hendersonville (13 miles). The Airport Road corridor offers every retail amenity, and EMP zoning allows for a multitude of commercial applications. The property consists of two buildings. The first building, 35 Loop Road, is 6,320 square feet (per Buncombe County records) and offers a loading dock, drive-in door, as well as showroom and warehouse space. It is leased to Window World of Asheville through July 2025. The second building, 37 Loop Road, is 11,200 square feet (per Buncombe County records) and is divided into four, 2,800-square-foot units. Each unit has a unique configuration of office and warehouse space, bathroom, and overhead drive-in door. The units are leased to three tenants; Kitchen & Granite, Joslyn Fine Metalwork, and Rennwerx European Automotive Repair (which occupies two of the units). All leases in 37 Loop Road run through mid-2025. Leases on the property average $9.20 per square foot, modified gross. Modified gross leases, under-market rents, and capital improvements allow a Landlord to add value and continue long-term occupancy. This exceptional investment opportunity in the thriving Arden area presents a solid income stream and significant potential for long-term growth. With a history of sustained occupancy, 35 and 37 Loop Road offers a reliable addition to any investment portfolio. Don't miss your chance to acquire this prime industrial/flex space asset in a high-demand market.
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Highlights

  • - 100% leased flex property in the heart of Arden, NC
  • - Two Buildings totaling 17,520 SF on a single parcel
  • - Five fully-occupied units
  • - Zoned EMP for industrial/flex use
  • - Convenient access to I-26, Asheville Airport, Asheville and Hendersonville
  • - Loading Dock (35 Loop) and drive in doors (units)
  • - Rare opportunity to purchase fully-leased flex property

Contacts

broker

Whitney Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent
  • Bike Score ®

    12/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Arden, NC
  • Zip Code 28704
  • Market Asheville

Points of Interest

  • Fasstop

    0.29 miles

  • Shell

    0.58 miles

  • Signature Aviation Fuel

    0.81 miles

  • Marathon

    1.54 miles

  • Ingles Gas Express

    1.59 miles

  • EV Charging Station

    1.93 miles

  • BP

    2.38 miles

  • Citgo

    2.47 miles

  • Tesla Destination Charger

    2.61 miles

  • EVgo

    2.61 miles

  • Lauch Parking Lot

    1.05 miles

  • Employee Parking

    1.12 miles

  • Glen Bridge River Access

    1.34 miles

  • Ground Transportation

    1.35 miles

  • Cell Phone Lot

    1.51 miles

  • French Broad River Overlook

    4.67 miles

  • Handicapped Parking Only

    5.33 miles

  • Sleepy Gap Parking

    5.56 miles

  • Rice Pinnacle Parking Area

    5.62 miles

  • Lake Powhatan Parking Area

    5.74 miles

  • Bojangles'

    0.25 miles

  • Sonic

    0.37 miles

  • Burger King

    0.37 miles

  • Jimmy John's

    0.39 miles

  • Culver's

    0.43 miles

  • Olive Garden

    0.47 miles

  • Chick-fil-A

    0.49 miles

  • Chili's

    0.51 miles

  • Popeyes

    0.57 miles

  • Arby's

    0.60 miles

  • ALDI

    0.22 miles

  • Ross

    0.28 miles

  • Big Lots

    0.30 miles

  • Marshalls

    0.32 miles

  • Target

    0.35 miles

  • Walmart Supercenter

    0.55 miles

  • Ingles

    1.65 miles

  • Whole Foods Market

    3.40 miles

  • Publix

    3.69 miles

  • Dillard's

    6.73 miles

  • Centra Care

    0.58 miles

  • Walgreens

    1.19 miles

  • Skyland Fire Rescue

    2.25 miles

  • CVS Pharmacy

    2.34 miles

  • Avery's Creek Fire Station

    2.49 miles

  • Pardee Urgent Care

    4.25 miles

  • The Surgery Center at Mills River

    4.43 miles

  • Park Ridge Health

    4.99 miles

  • Campus Police

    5.46 miles

  • Fairview Fire Station 3

    6.24 miles

Frequently Asked Questions

How much does 35 & 37 Loop Road cost?

The space currently listed for sale at 35 & 37 Loop Road asks for $2,400,000.

What is the total square footage of 35 & 37 Loop Road?

35 & 37 Loop Road totals 17,520 square feet.

When was this property built?

35 & 37 Loop Road was built in 1998.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

Whitney Commercial Real Estate

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