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Renovated Multi-Tenant Retail Space
For Lease
$18 SF/Yr

1085 Tunnel Rd Unit 101, Asheville, NC 28805

Retail unit prepared for tenant-specific finishes within a shared commercial building.

Space SizeContact for details
Days on Market35

Property Features for 1085 Tunnel Rd Unit 101

General Information

Standard status Active

Building Details

Year Built 1948
Listing Agency: Ellington Realty Group
Listed By: Ryan Israel · License #268452
Source: Lewisandkirk
Added: Jul 26 Changed: Aug 29 Last Checked: Aug 29 at 2:56PM

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.

Unit 101 at 1085 Tunnel Rd offers renovated retail space within a multi-tenant commercial building. The interior is prepared for tenant finishes, allowing the next occupant to complete the space according to its operating requirements.

The property was constructed in 1948 and is located in Asheville, North Carolina. The available premises are identified as retail space and are offered for rent.

Key Highlights

  • Renovated retail unit ready for tenant finishes
  • Located in a multi‑tenant commercial building
  • Unit 101 at 1085 Tunnel Rd, Asheville, NC 28805

Property Analytics

Current Use

MATTHEW THOMAS BADER Physician Greenbrook TMS NeuroHealth ... Medical Clinic Signi Goldman Medical Clinic Dr. Haley Elder Physician Brandee Distefano Counselor

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Grocery & Convenience Store Auto Parts Store Nail Salon

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

612
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Groceries 39% Dining 22%
Ingles Groceries
36,324 visits/mo 0.2 miles
Zips Car Wash Shops & Services
15,557 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,699 visits/mo 0.2 miles
SONIC Drive In Dining
9,490 visits/mo 0.2 miles
Village Grill Dining
8,173 visits/mo 0.3 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

$25.82 /SF/Yr
Avg Asking Price
$18–$38 /SF/Yr
Price Range
7,619 SF
Avg Space Size

This space is priced 30% below the average of $25.82 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail unit prepared for tenant-specific finishes within a shared commercial building.
Where is this retail space located?
The property is located at 1085 Tunnel Rd Unit 101 Asheville, NC.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Renovated retail unit ready for tenant finishes; Located in a multi‑tenant commercial building; Unit 101 at 1085 Tunnel Rd, Asheville, NC 28805
More about this property
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