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Retail Space with Patio
New
For Lease
$29 SF/Yr

10 Biltmore Plaza, Asheville, NC 28803

Shell-condition space offers a customizable layout and the option to divide the premises for multiple occupancies.

Space Size7,178 SF
Days on Market2

Property Features for 10 Biltmore Plaza

General Information

Standard status Active
Size 7,178 SF
Net Rentable 7,178 SF
Lease Type NNN

Space & Availability

Available Space 7,178 SF
Contiguous Space 7,178 SF
Divisible Yes
Space Use Restaurant

Lease Terms

Lease Rate $29 /SF/YR
Monthly Rent $17,346
Rent per SF/Year $29

Site & Location

Corner Location Yes
Anchor Co-Tenants Grand Bohemian Hotel, Ruth's Chris Steakhouse, Williams Sonoma, J.Jill, Talbot's, Chico's, Sotheby's International
Traffic Count 11,000 vehicles/day
Road Access Yes

Restaurant

Patio Yes
Second-Generation Restaurant No

Amenities

patio

Building Details

Building Size 7,178 SF
Year Built 1930
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Likewise Commercial Real Estate
Listed By: Jessica Auge · License #288191
Source: Geoffcampbell
Added: Oct 23 Last Checked: Oct 23 at 5:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Likewise Commercial Real Estate

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Investment Insights

Based on property information with market context.

At 10 Biltmore Plaza, this 7,178-square-foot corner retail space in Asheville’s Historic Biltmore Village includes a 1,612-square-foot patio. Formerly a restaurant, the premises are in shell condition and may be divided, allowing a tenant to plan a build-out around its requirements. The patio supports outdoor dining or retail display, as applicable to the completed space.

The property sits beside Biltmore Village’s central parking area and fronts a commercial district with retail, dining, and office users. Nearby businesses include Grand Bohemian Hotel, Ruth’s Chris Steakhouse, Williams Sonoma, J.Jill, Talbots, Chico’s, and Sotheby’s International Realty. Reported traffic is 11,000 vehicles per day.

Hendersonville Road (US 25) provides immediate access. I-40 is approximately 1 mile away, I-240 is 2 miles away, and I-26 is less than 4 miles away. The Biltmore Estate is also identified as a nearby visitor destination.

Key Highlights

  • 7,178 SF of retail space with a 1,612 SF patio
  • Corner location in Historic Biltmore Village, Asheville
  • Shell condition; space can be subdivided

Property Analytics

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Current Use

J.Jill Clothing & Fashion Store NC Photo Box Wedding Service The Windsor Agency, Inc. Employment Agency The Cantina At Historic Biltmore ... Restaurant TINA Stephens Clothing & Fashion Store

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Auto Parts Store Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,072
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 19% Hotels & Casinos 12% Home Improvements & Furnishings 1%
Texas Roadhouse Dining
40,179 visits/mo 0.5 miles
Starbucks Dining
19,253 visits/mo 0.3 miles
Shell Shops & Services
19,241 visits/mo 0.4 miles
Arby's Dining
10,490 visits/mo 0.2 miles
Bruegger's Dining
7,184 visits/mo 0.2 miles

Demographics for 28803, NC

34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
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Market

Lease Benchmarks for Asheville, NC

$25.59 /SF/Yr
Avg Asking Price
$15–$40 /SF/Yr
Price Range
3,829 SF
Avg Space Size

This space is priced 13% above the average of $25.59 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Shell-condition space offers a customizable layout and the option to divide the premises for multiple occupancies.
Where is this retail space located?
The property is located at 10 Biltmore Plaza Asheville, NC.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: 7,178 SF of retail space with a 1,612 SF patio; Corner location in Historic Biltmore Village, Asheville; Shell condition; space can be subdivided
More about this property
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