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65 Merrimon AveAsheville, NC 28801
Staples Sale Leaseback | Asheville, NC
Asset ClassRetail
Call For Offers10/16/24
Square Feet: 17,773Land: 1.23 AcresYear Built: 2005Access Data Room
#1 Location in 30 Miles
overview of deal

Overview

Atlantic Capital Partners has been engaged to arrange for the sale leaseback of 65 Merrimon Ave, Asheville, NC, a single-tenant asset entirely owned and operated by Staples. This unique opportunity provides future ownership with the surety of a corporately owned lease with a retailer with a lengthy tenure and strong historical sales performance. As a freestanding, single-tenant asset, 65 Merrimon Ave offers investors outstanding and stable cash flow in one of the region’s most sought-after submarkets.

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Investment Highlights

Rare Long-Term, Sale Leaseback Opportunity

  • OFFERED FOR SALE IS A TENANT OWNED-AND-OPERATED LOCATION IN ASHEVILLE, NC WHERE THE RETAILER OPERATES A 17,773 SQUARE FOOT STORE

Staples Owned Assets Since 2005

  • AS PART OF A CORPORATE INITIATIVE, THE RETAILER SELECTIVELY ACQUIRED REAL ESTATE ASSETS IN DESIRABLE SUBMARKETS, INCLUDING THIS LOCATION WHERE THEY HAVE BEEN OPERATING SINCE 2005. THEY ARE NOW SEEKING TO MONETIZE THE ASSET

Unmatched Demographics and Traffic

  • POSITIONED ALONG THE MOST DESIRABLE RETAIL CORRIDOR IN THE SUBMARKET, THE ASSETS FEATURE EXCEPTIONAL LOCAL DEMOGRAPHICS AND TREMENDOUS REGIONAL DRAW

Request for Proposals

  • STAPLES IS REQUESTING THAT BIDDERS PROVIDE OFFERS TO ACQUIRE THE SITE SUBJECT TO A SALE LEASEBACK STRUCTURE WITH BUYER ASSUMED TERMS
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65 Merrimon AveAsheville, NC 28801

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