Shopping Center with Big-Box
For Sale
Contact for pricing
Pending
107 River Hills Road, Asheville, NC 28805
Tenanted retail property anchored by national retailers including Dick’s, Target, and Dollar Tree.
Property Size169,162 SF
Days on Market104
Property Features for 107 River Hills Road
General Information
Standard status
Pending
Size
169,162 SF
Property subtype
Retail
Occupancy
99%
Site & Location
Traffic Count
52,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
1996
Tenancy
Multi
Listing Agency:
Berkeley Capital Advisors Charlotte
Listed By:
Morgan Hall · License #NC 303815
Source:
Crexi
Added: May 28
Changed: Sep 3
Last Checked: Aug 14 at 6:20AM
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
Current Use
Lease Details
52,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
323k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 35%
Superstores 30%
Shops & Services 16%
Electronics 10%
Target
Superstores
96,328 visits/mo
0.1 miles
Ross Dress for Less
Apparel
38,095 visits/mo
0.4 miles
Best Buy
Electronics
31,798 visits/mo
0.4 miles
Kohl's
Apparel
30,767 visits/mo
0.4 miles
DICK'S Sporting Goods
Apparel
24,451 visits/mo
0.1 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
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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.
