PRICE REDUCTION! - OPPORTUNITY ZONE Retail Redevelopment Opportunity

135 Sugarloaf Rd, Hendersonville, NC 28793, USA
Shopping center • 2 bath. • Ground floor
$11,500,000

$2M PRICE REDUCTION!

YouTube:  https://youtu.be/ZgdHurL428w

Marketing:  https://rb.gy/pntpnq

World of Clothing has had a very successful 30-year retail history at this very desirable retail property located on I-26 at the cloverleaf exchange of I-26 and Four Seasons Blvd in Hendersonville, NC.  The property includes 112,033 SF of retail space and a 14,880 SF 3-story office.  The site has ingress and egress from 3 streets.  This huge site is a prime redevelopment opportunity for a large big-box store that doesn't already have a presence in this very desirable market.

In addition to being located on I-26, the property is in a designated Opportunity Zone.  OZ’s were created by the Tax Cuts and Jobs Act of 2017 and encourage investors to buy and improve properties in certain areas of the market.  In exchange, investors receive massive tax benefits that can eliminate capital gains on those reinvested funds.

Development opportunities for this site with amazing interstate visibility is limited only to the developer's imagination, so we've included some renderings to get you started.

  • Includes a 14,880 3-story office building
  • Ingress and egress from three streets
  • Located in an Opportunity Zone
  • 67,000 cars per day visibility
  • Amazing visibility from I-26

Spaces

Bathrooms2

Surfaces

Land358934.4 Square foot
Internal126913 Square foot
Usable126913 Square foot
Office14880 Square foot
Commercial112023 Square foot
Air conditioning
Alarm
Internet

Hendersonville

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TypeCommercial
Construction year1981