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Retail Space in Westgate Center
For Lease
$123,000
Pending

46 Westgate Parkway, Asheville, NC 28806

Premier retail center with high visibility and consistent foot traffic.

Space SizeContact for details
Days on Market547

Property Features for 46 Westgate Parkway

General Information

Standard status Pending
Property subtype Rental

Building Details

Year Built 1956
Listing Agency: FIRC Group NC, Inc.
Listed By: Tanya Donaghy · License #256951
Source: Exitrealty
Added: Feb 20, 2025 Changed: Jul 10 Last Checked: Jul 23 at 7:06AM

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 FIRC Group NC, Inc.

Investment Insights

Based on property information with market context.

Westgate Regional Shopping Center is a retail center with an area of 112,000 square feet. It is located in an area with visibility from I-240 and traffic counts of 100,000 vehicles per day. The property is positioned adjacent to Country Inn & Suites Asheville River Arts District, which welcomes approximately 4,500 guests per month. According to Placer.AI data, the property receives 1,000,000 visitors per year. Current tenants include Earth Fare, Crumbl Cookies, Great Clips, and CVS.

Key Highlights

  • Prime location with outstanding visibility from I‑240.
  • High traffic counts of 100,000 +/- VPD.
  • 1,000,000 visitors per year (Placer.AI data).

Property Analytics

Current Use

Aerus-Electrolux TN/NC Home Appliance Store

Suggested Use

Top Pick Dental Office Building Supply Law Firm Kitchen & Bath Showroom Big Box & Wholesale Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby
191k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 60% Shops & Services 15% Dining 7% Groceries 7%
Sam's Club Superstores
115,336 visits/mo 0.3 miles
Sam's Club Gas Station Shops & Services
25,315 visits/mo 0.4 miles
Earth Fare Groceries
12,986 visits/mo 0.1 miles
Crumbl Cookies Dining
8,656 visits/mo 0.2 miles
Crowne Plaza Hotels & Resorts Asheville Hotels & Casinos
7,942 visits/mo 0.2 miles

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value

Market

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Premier retail center with high visibility and consistent foot traffic.
Where is this shopping center located?
The property is located at 46 Westgate Parkway Asheville, NC.
What is the lease rate?
The lease rate is $123,000.
What are key features of this property?
This property features: Prime location with outstanding visibility from I‑240.; High traffic counts of 100,000 +/- VPD.; 1,000,000 visitors per year (Placer.AI data).
More about this property
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