Asheville Multi-Tenant Net Leased
148 Tunnel Rd, Asheville, NC 28805
A 6,700 SF property 100% leased to national tenants.
Type:Retail
Property size:
6,700 SFPrice / SF:
$443/SF- Added:
- Feb 10, 2026
- Days on Market:
- 100
- Last Refresh:
- May 12 at 11:31 pm
Property Features for 148 Tunnel Rd
General Information
- Standard status
- Active
- Size
- 6,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2011
Listing agent Randy Blankstein License #IL 471005983
Listing office The Boulder Group
Listing date Feb 10, 2026
Source Crexi
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 The Boulder Group
HighLights
- 100% leased to established national tenants: The Vitamin Shoppe (since 2011) and America’s Best Contacts & Eyeglasses (since 2015).
- Strategic location with high traffic volume: Positioned along Tunnel Road (17,000 VPD) and near Interstate 240 (76,000 VPD).
- Located in a strong market with less than 2% vacancy rate according to CoStar.
- Strong Demographics: High population density (93,409 within 5 miles) and affluent area (average household income of $104,199 within 5 miles).
- Proximity to major shopping centers and national retailers: Surrounded by Asheville Mall, Inssbruck Mall, and Asheville Market, with nearby tenants including Whole Foods and HomeGoods.
- All tenants have scheduled rental increases throughout the leases.
Overview
This multi-tenant net leased property is located within the Greenville MSA in Asheville, North Carolina. The 6,700 square-foot building is 100% leased to The Vitamin Shoppe and America’s Best Contacts & Eyeglasses. The Vitamin Shoppe has been operating at this location since its construction in 2011, while America’s Best opened in 2015. All tenants have scheduled rental increases throughout the leases. A fully leased billboard on the premises provides additional income. The property is positioned in a market where vacancy is less than 2%. It benefits from its location along Tunnel Road, which experiences 17,000 vehicles per day and connects the property to downtown Asheville. The property is also located just off Interstate 240, which sees 76,000 vehicles per day. There are 93,409 people living within a five-mile radius, with an average household income of $104,199 within the same area. The property is surrounded by three nationally tenanted shopping centers: Asheville Mall, Innsbruck Mall, and Asheville Market. These centers draw continual traffic through the corridor. Notable tenants occupying the corridor include Whole Foods, Big Lots, HomeGoods, TJ Maxx, Chick-Fil-A, Red Lobster, McDonald’s, Verizon, and Cracker Barrel. The Vitamin Shoppe operates as an omnichannel specialty retailer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. America's Best Contacts & Eyeglasses is a discount provider of eye examinations, eyeglasses and contact lenses, with over 700 retail locations in the United States as of 2019.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
America's Best Contacts ...
Ophthalmologist
The Vitamin Shoppe
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Asheville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5211916
- Latitude
- 35.5810305
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - A 6,700 SF property 100% leased to national tenants.
Where is this retail space located?
The property is located at 148 Tunnel Rd Asheville, NC.
What is the asking price?
The asking price for this property is $2,972,875.
What are key features of this property?
This property features: 100% leased to established national tenants: The Vitamin Shoppe (since 2011) and America’s Best Contacts & Eyeglasses (since 2015).; Strategic location with high traffic volume: Positioned along Tunnel Road (17,000 VPD) and near Interstate 240 (76,000 VPD).; Located in a strong market with less than 2% vacancy rate according to CoStar.
