Shopping Center with Big-Box
107 River Hills Road Asheville, NC 28805
For Sale
Contact for pricing
Tenanted retail property anchored by national retailers including Dick’s, Target, and Dollar Tree.
Property Size169,162 SF
Days on Market58
Property Features for 107 River Hills Road
General Information
- Standard status
- Active
- Size
- 169,162 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing Agency:
Berkeley Capital Advisors Charlotte
Listed By:
Morgan Hall · License #NC 303815
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 23 at 4:03PM
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 Berkeley Capital Advisors Charlotte
Investment Insights
Based on property information with market context.
River Hills is a retail shopping center with a national anchor lineup that includes Dick’s Sporting Goods, Havertys, Ashley HomeStore, La-Z-Boy, Dollar Tree, and Michael’s, along with a shadow anchor Target. The center has an established, dedicated rent roll, with the anchor tenants operating for an average of 15 years.
The property is positioned on the main retail corridor along S Tunnell Road, which sees approximately 17,000 VPD, and it is adjacent to I-240 (approximately 52,000 VPD). This access and visibility profile supports day-to-day customer traffic for the retailers within the center at 107 River Hills Road, Asheville, NC.
For buyers, River Hills offers an anchored retail format anchored by recognizable operators and a long-tenured rent roll at the center level. For tenants and brokers, the mix of home, décor, value, and sporting goods retailers provides a diversified lineup that can support consistent in-center shopping activity, complemented by Target’s presence and the corridor’s stated vehicle volumes. Asheville’s population is also projected to grow by 3.65% within a 10-minute drive over the next five years, providing additional context for tenant planning.
The property is positioned on the main retail corridor along S Tunnell Road, which sees approximately 17,000 VPD, and it is adjacent to I-240 (approximately 52,000 VPD). This access and visibility profile supports day-to-day customer traffic for the retailers within the center at 107 River Hills Road, Asheville, NC.
For buyers, River Hills offers an anchored retail format anchored by recognizable operators and a long-tenured rent roll at the center level. For tenants and brokers, the mix of home, décor, value, and sporting goods retailers provides a diversified lineup that can support consistent in-center shopping activity, complemented by Target’s presence and the corridor’s stated vehicle volumes. Asheville’s population is also projected to grow by 3.65% within a 10-minute drive over the next five years, providing additional context for tenant planning.
Key Highlights
- Tenanted retail shopping center on S Tunnell Road in Asheville, NC (approx. 17,000 VPD).
- Adjacent to I‑240 (approx. 52,000 VPD).
- Anchor tenant lineup includes Dick’s Sporting Goods, Haverty’s, Ashley HomeStore, La‑Z‑Boy, Dollar Tree, and Michael’s; Target listed as a shadow anchor.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Havertys Furniture
Furniture & Home Goods
Similar Off Market Nearby
- Sunglass Hut — 3 S Tunnel Rd Ste 215, Asheville, NC 28805
- Asheville Mall — 3 S Tunnel Rd, Asheville, NC 28805
- Stingray Tags — 3 S Tunnel Rd, Asheville, NC 28805
- Luxe charms — 3 S Tunnel Rd, Asheville, NC 28805, United States
- River Hills Shopping Center — 280 Swannanoa River Rd, Asheville, NC 28805
FAQs
What type of property is this?
Shopping center - Tenanted retail property anchored by national retailers including Dick’s, Target, and Dollar Tree.
Where is this shopping center located?
The property is located at 107 River Hills Road Asheville, NC.
What are key features of this property?
This property features: Tenanted retail shopping center on S Tunnell Road in Asheville, NC (approx. 17,000 VPD).; Adjacent to I‑240 (approx. 52,000 VPD).; Anchor tenant lineup includes Dick’s Sporting Goods, Haverty’s, Ashley HomeStore, La‑Z‑Boy, Dollar Tree, and Michael’s; Target listed as a shadow anchor.
