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Warehouse and Office Flex Suite

128 Bingham Road #Suite 400, Asheville, NC 28806

For Lease
$13,726/Mo CAM $2.89 /USD/SF/YR

Two office areas and two warehouse areas are available in separate leasing configurations.

Space SizeContact for details
Property Size326,400 SF
Lot Size23.00 Acres
Days on Market303

Property Features for 128 Bingham Road #Suite 400

General Information

Standard status Active
Size 326,400 SF
Lot size 23.00 Acres
Zoning C-1
Lease Type NNN

Additional Details

Divisible Yes
CAM $2.89 /SF/YR

Amenities

Market place
common picnic area
walking path

Building Details

Year Built 1954
Buildings 1
Building Size 326,400 SF
Tenancy Multi
Listing Agency: Cornerstone Real Estate Cons.
Listed By: Donna Logan · License NC #214348
Source: Techrealtyllc
Added: Jan 12 Changed: Nov 10 Last Checked: Aug 9 at 9:00AM

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 Cornerstone Real Estate Cons.

Rey
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Investment Insights

Based on property information with market context.

Suite 400 at The Ridge Business Park offers 19,494 USF and 21,254 RSF, with two office areas and two warehouse areas that can be arranged for separate leases. Warehouse/distribution is identified as the preferred use. Warehouse HVAC units were installed in 2025, and the property has a new TPO roof.

The suite is part of a 326,400-square-foot, 23-acre business park about five minutes from downtown Asheville. Shared dock doors, a common picnic area, a walking path, and parking serve the property. The park also has long-term anchor tenants and a new marketplace.

Key Highlights

  • Suite 400 totals 19,494 USF and 21,254 RSF
  • Two office areas and two warehouse areas can be leased in separate configurations
  • Warehouse HVAC units installed in 2025; property has a new TPO roof

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Biovendor, LLC Corporate Office DPF Xpress Auto Parts Store McLeod Automotive Industrial Manufacturer Herbal Chef Electric ... (Bike/Boat/Book/etc) Store MBM Brakes Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Building Supply 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Asheville, NC

$16.44 /SF/Yr
Avg Asking Price
$10–$22 /SF/Yr
Price Range
3,984 SF
Avg Space Size

This space is priced 49% below the average of $16.44 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Buncombe County, NC

$34.79 Jul
$15.9 Aug
$15.9 Sep
$14.63 Oct

Properties on Market for Flex space in Buncombe County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two office areas and two warehouse areas are available in separate leasing configurations.
Where is this flex space located?
The property is located at 128 Bingham Road #Suite 400 Asheville, NC.
What is the lease rate?
The lease rate is $13,726/Mo.
What are key features of this property?
This property features: Suite 400 totals 19,494 USF and 21,254 RSF; Two office areas and two warehouse areas can be leased in separate configurations; Warehouse HVAC units installed in 2025; property has a new TPO roof
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