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465 N Louisiana Ave
Asheville, NC 28806 West Asheville

$3,900,963 USD

Auto Repair For Sale  •  25,381 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 25,381 SF
  • Lot Size 2.57 AC
  • Year Built 1985
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning CS
0 Transit Score
45 Walk Score

Highlights

Absolute triple-net (NNN) lease with approximately four years of the initial term remaining.
This location has a 65-year operating history as a collision center.
Strong corporate guarantee - Joe Hudson’s (JHCC) is one of the “Big 5” consolidators in the collision industry with 250+ locations nationwide.
In 2019, TSG Consumer Partners, a leading private equity firm with over $9B in total assets, acquired a majority stake in the company.
According to Citizen Times, Asheville ranks No. 2 in the country for the highest planned move-in versus move-out ratio.
This location is positioned in an opportunity zone, offering preferred tax incentives.
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Joe Hudson's Collision Center 25,381 SF 8/31/2029

Public Transportation

AirportDriveWalkDistance
Asheville Regional 20 min - 13.3 mi
Clayton Coassin 704-498-8902 Sands Investment Group, NC
Clayton Coassin 704-498-8902 Sands Investment Group, NC