Signalized Corner Retail
For Lease
Contact for pricing
Pending
90 S Tunnel Rd, Asheville, NC 28805
Signalized corner site offers a structurally sound shell building for ground lease or space lease with substantial frontage.
Space Size8,989 SF
Lot Size0.70 Acres
Days on Market555
Property Features for 90 S Tunnel Rd
General Information
Standard status
Pending
Size
8,989 SF
Lot size
0.70 Acres
Property subtype
RETAIL
Spaces For Lease
at 90 S Tunnel Rd
90 S Tunnel Rd
PENDING, Now
Floor
Bldg
Size
8,989 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
Signalized corner location available for Ground Lease or lease of existing space. This location is across the street from Lowe’s and Walgreen’s and right in the center of a retail trade area with Global retailers like Walmart, Target, Dick’s and Ross. Excellent visibility and access from Swannanoa River Road and S. Tunnel Rd. This is the largest retail trade area west of Charlotte! The property was damaged from hurricane Helene, the existing building shell of the former strip center of approximately 8989 SF can be used and is structurally
sound (owner has report). Price TBD.
Highlights:
• SIGNALIZED CORNER
• 3,000-8,989 SF SHELL BUILDING
• .701 ACRES
• 530 FEET OF FRONTAGE
• NEAR ASHEVILLE MALL, WALMART, TARGET, AND DICK’S
Contact us
Listing Agency:
Whitney Commercial
(828) 665-9085
Listed By:
Jason Burk, CCIM
(828) 674-2120
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Oct 26
Last Checked: Oct 28 at 11:50AM
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 Whitney Commercial
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Investment Insights
Based on property information with market context.
This property presents a signalized corner retail location with a structurally sound building shell from a former strip center. The existing shell is approximately 8,989 SF, and the owner states the structure is sound based on an available report, following damage from Hurricane Helene. The site is also available for a ground lease or for leasing the existing space.
The site provides excellent visibility and access from Swannanoa River Road and S. Tunnel Rd. It sits across the street from Lowe’s and Walgreens and is positioned in a retail trade area with nearby national retailers including Walmart, Target, Dick’s, and Ross.
The property is offered on approximately 0.701 acres with about 530 feet of frontage, supporting a range of retail development or leasing configurations consistent with an active corner retail setting.
The site provides excellent visibility and access from Swannanoa River Road and S. Tunnel Rd. It sits across the street from Lowe’s and Walgreens and is positioned in a retail trade area with nearby national retailers including Walmart, Target, Dick’s, and Ross.
The property is offered on approximately 0.701 acres with about 530 feet of frontage, supporting a range of retail development or leasing configurations consistent with an active corner retail setting.
Key Highlights
- Signalized corner location for ground lease or lease of existing space
- Approximately 8,989 SF structurally sound building shell (former strip center) available
- 3,000–8,989 SF shell building space available
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
529k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 31%
Shops & Services 24%
Superstores 18%
Dining 13%
Target
Superstores
96,328 visits/mo
0.4 miles
Five Below
Shops & Services
46,252 visits/mo
0.2 miles
Chick-fil-A
Dining
41,655 visits/mo
0.4 miles
Belk
Apparel
38,941 visits/mo
0.3 miles
Ross Dress for Less
Apparel
38,095 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Signalized corner site offers a structurally sound shell building for ground lease or space lease with substantial frontage.
Where is this strip mall located?
The property is located at 90 S Tunnel Rd Asheville, NC.
What are key features of this property?
This property features: Signalized corner location for ground lease or lease of existing space; Approximately 8,989 SF structurally sound building shell (former strip center) available; 3,000–8,989 SF shell building space available
