Renovated Retail
For Lease
$18 SF/Yr
101-1085 Tunnel Rd, Asheville, NC 28805
Multi-tenant commercial space with strong traffic exposure and flexibility for tenant improvements.
Space SizeContact for details
Days on Market94
Property Features for 101-1085 Tunnel Rd
General Information
Standard status
Active
Building Details
Tenancy
Multi
Listing Agency:
Ellington Realty Group
(828) 575-1515
Listed By:
Ryan Israel · License #268452
(828) 575-1515
Source:
Exprealty
Added: May 28
Changed: Aug 29
Last Checked: Aug 29 at 3:15PM
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 Ellington Realty Group
Investment Insights
Based on property information with market context.
This renovated retail storefront is offered within a multi-tenant commercial building and is prepared for tenant finishes. The space provides a clean starting point for a new retail or commercial occupancy, with the existing renovation reducing the need to begin with an unfinished shell.
Located at 101-1085 Tunnel Rd in Asheville, North Carolina, the property benefits from high traffic and strong commercial visibility. Its storefront format and shared-building setting support a range of tenant finish plans while maintaining a direct presence along a traveled commercial corridor.
Located at 101-1085 Tunnel Rd in Asheville, North Carolina, the property benefits from high traffic and strong commercial visibility. Its storefront format and shared-building setting support a range of tenant finish plans while maintaining a direct presence along a traveled commercial corridor.
Key Highlights
- Newly renovated storefront space
- Configured for tenant finishes
- Located in a multi‑tenant commercial building
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
369k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Groceries 12%
Shops & Services 11%
Hotels & Casinos 6%
Ingles
Groceries
44,714 visits/mo
0.4 miles
Cook Out
Dining
28,180 visits/mo
0.4 miles
Olive Garden
Dining
26,059 visits/mo
0.1 miles
Panda Express
Dining
24,221 visits/mo
0.4 miles
McDonald's
Dining
24,171 visits/mo
0.4 miles
Demographics for 28805, NC
18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
Median Home Value
Market
Lease Benchmarks for Asheville, NC
$25.33 /SF/Yr
Avg Asking Price
$19–$38 /SF/Yr
Price Range
3,844 SF
Avg Space Size
This space is priced 29% below the average of $25.33 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Multi-tenant commercial space with strong traffic exposure and flexibility for tenant improvements.
Where is this storefront property located?
The property is located at 101-1085 Tunnel Rd Asheville, NC.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Newly renovated storefront space; Configured for tenant finishes; Located in a multi‑tenant commercial building
