Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com
Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com
   
Shops on Rockwood

OFFERING SUMMARY

The Shops on Rockwood is conveniently situated along I-26 in Asheville, the higest traffic corridor between downtown Asheville and Hendersonville.

SUBMARKET OVERVIEW

The Shops on Rockwood is located adjacent to Southridge Shopping Center, which is a 550,000 s.f. power strip center. Tenants include Best Buy, Lowe's, Target, Michaels, Linens 'N Things, Marshall's, Old Navy, PetsMart, Office Max, Workd Market, Pier 1 and Rack Room Shoes.

 

DEMOGRAPHICS
   
  1-Mile 3-Mile 5-Mile  
Total Population: 1,799 17,016 38,372  
Pop. Growth 2000-2006: 14.59% 9.57% 10.66%  
Pop. Growth 2006-2011: 9.39% 7.41% 8.01%  
Average HH Income: $60,941 $55,816 $62,908  
OFFERING MEMORANDUM & FILES
Offering Memorandum
 
Profiles
  Map/Directions
Location: Intersection of I-26 and Airport Road
Submarket: Asheville, NC
Land Size: Approximately 1.61 acres
Year Built: 2007
% Leased: 100%
   
   
NET OPERATING INCOME $296,332
   
CAP RATE 0
   
OFFERING PRICE Unpriced
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