Shopping Center Retail
For Lease
$3,669/Mo
107-41 N Merrimon Ave, Asheville, NC 28801
Multiple retail suites in a mixed-use village with free front parking, supported by apartment demand above.
Days on Market53
Property Features for 107-41 N Merrimon Ave
General Information
Standard status
Active
Additional Details
Space Use
Retail
Highway Access
Yes
Amenities
recreational and fitness facility
free parking
Building Details
Tenancy
Multi
Listing Agency:
Whitney Commercial Real Estate
(828) 674-2120
Listed By:
Jason Burk
(828) 674-2120
Source:
Exprealty
Added: Jun 8
Changed: Jul 30
Last Checked: Jul 30 at 9:33PM
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 Whitney Commercial Real Estate
Investment Insights
Based on property information with market context.
The Shops at Reynolds Village offers multiple retail suites within a mixed-use project. The development includes 200 apartment units above the retail spaces, creating a built-in customer base, with the complex reported as 98.5% occupied. A variety of unit sizes are available to support different business needs.
The shops are located in close proximity to I-26 and Weaverville Road. The project also includes a large recreational and fitness facility to serve the tenant and resident population, and existing businesses within the complex support day-to-day activity.
Retail access is designed for convenience, including free parking directly in front of the retail shops. The village is described as walkable within the complex.
The shops are located in close proximity to I-26 and Weaverville Road. The project also includes a large recreational and fitness facility to serve the tenant and resident population, and existing businesses within the complex support day-to-day activity.
Retail access is designed for convenience, including free parking directly in front of the retail shops. The village is described as walkable within the complex.
Key Highlights
- Multiple retail suites available at the Shops at Reynolds Village
- 200 apartment units above the retail spaces
- Complex reported 98.5% occupied
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,857
Businesses Nearby
233k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 48%
Dining 25%
Shops & Services 16%
Office Supplies 5%
Trader Joe's
Groceries
46,740 visits/mo
0.0 miles
Harris Teeter
Groceries
45,099 visits/mo
0.1 miles
Chick-fil-A
Dining
41,844 visits/mo
0.1 miles
Whole Foods Market
Groceries
20,347 visits/mo
0.1 miles
Shell
Shops & Services
20,324 visits/mo
0.2 miles
Demographics for 28801, NC
15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multiple retail suites in a mixed-use village with free front parking, supported by apartment demand above.
Where is this shopping center located?
The property is located at 107-41 N Merrimon Ave Asheville, NC.
What is the lease rate?
The lease rate is $3,669 /Mo.
What are key features of this property?
This property features: Multiple retail suites available at the Shops at Reynolds Village; 200 apartment units above the retail spaces; Complex reported 98.5% occupied
