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Retail Pad with High Visibility
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1297 Tunnel Rd, Asheville, NC 28805

Commercial retail pad offers direct frontage along a major corridor with convenient access to nearby interstates.

Space Size3,404 SF
Days on Market167

Property Features for 1297 Tunnel Rd

General Information

Standard status Active
Size 3,404 SF
Property subtype Retail, Restaurant

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 3,404 SF
Year Built 1985
Tenancy Single

Spaces For Lease

at 1297 Tunnel Rd Contact us

Entire Property

Size
3,404 SF
Availability
Active
Contact us
Listing Agency: Dewey Property Advisors
Listed By: Scott Raines, CCIM · License #NC 226165
Source: Crexi
Added: Mar 25 Changed: Sep 4 Last Checked: Sep 7 at 3:28AM

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 Dewey Property Advisors

Investment Insights

Based on property information with market context.

This retail pad site is available for sale or lease and is positioned for strong street-level exposure with direct frontage along a busy commercial corridor. The property is described as highly accessible, with connectivity to both Interstate 240 and Interstate 40.

Located in East Asheville, the site is noted as being just minutes from Downtown Asheville and within the area’s primary retail trade zone near Asheville Mall. The surrounding mix includes national retailers and restaurants, along with nearby residential density.

The listing indicates the pad is suitable for a range of service and retail-oriented uses, including a bank, quick-service restaurant, medical retail, or other service users.

Key Highlights

  • Retail pad at 1297 Tunnel Road in East Asheville with direct frontage along a major commercial corridor
  • Convenient connectivity to Interstate 240 and Interstate 40, with Downtown Asheville just minutes away
  • Located within Asheville’s primary retail trade area near Asheville Mall

Property Analytics

Current Use

Cocula Mexican Restaurant ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Auto Parts Store Kitchen & Bath Showroom Furniture & Home Goods

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 45% Hotels & Casinos 8%
Arby's Dining
4,094 visits/mo 0.2 miles
Family Dollar Shops & Services
3,240 visits/mo 0.2 miles
Domino's Pizza Dining
1,489 visits/mo 0.2 miles
Mobil Shops & Services
1,429 visits/mo 0.2 miles
Truist Shops & Services
1,154 visits/mo 0.2 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

$26.55 /SF/Yr
Avg Asking Price
$18–$40 /SF/Yr
Price Range
3,156 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial retail pad offers direct frontage along a major corridor with convenient access to nearby interstates.
Where is this storefront property located?
The property is located at 1297 Tunnel Rd Asheville, NC.
What are key features of this property?
This property features: Retail pad at 1297 Tunnel Road in East Asheville with direct frontage along a major commercial corridor; Convenient connectivity to Interstate 240 and Interstate 40, with Downtown Asheville just minutes away; Located within Asheville’s primary retail trade area near Asheville Mall
(828) 548-0090 Call to check price and availability
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