Family Dollar Grocery
For Sale
Contact for pricing
Pending
1598 Patton Ave, Asheville, NC 28806
Relocation opportunity alongside a new Dollar Tree store within a major retail corridor.
Property SizeContact for details
Days on Market139
Property Features for 1598 Patton Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Stronach Properties Inc
Listed By:
Will Stronach · License #NC 203430
Source:
Crexi
Added: Apr 14
Changed: Aug 30
Last Checked: Aug 30 at 12:25PM
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 Stronach Properties Inc
Investment Insights
Based on property information with market context.
This grocery and convenience store opportunity is associated with Family Dollar’s relocation of an established, high-volume operation. The site is described as a dual-banner retail location with a brand-new Dollar Tree store next door, combining two recognized discount retail concepts in one setting.
The property is at 1598 Patton Ave, Asheville, NC 28806, within a major retail corridor characterized by national retailers and local businesses. The surrounding trade area is densely populated and supported by stated demographic strength. Family Dollar’s same-store sales increased 15.5% in Q1 2020. The company is identified with investment-grade credit ratings of S&P BBB- and Moody’s Ba3.
The property is at 1598 Patton Ave, Asheville, NC 28806, within a major retail corridor characterized by national retailers and local businesses. The surrounding trade area is densely populated and supported by stated demographic strength. Family Dollar’s same-store sales increased 15.5% in Q1 2020. The company is identified with investment-grade credit ratings of S&P BBB- and Moody’s Ba3.
Key Highlights
- Family Dollar relocation of a proven, high‑volume store
- Brand‑new Dollar Tree store located next door
- Dual‑banner retail location at 1598 Patton Ave
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Apparel 37%
Home Improvements & Furnishings 18%
Goodwill
Apparel
21,679 visits/mo
0.1 miles
Dollar Tree
Shops & Services
15,834 visits/mo
0.3 miles
Northern Tool & Equipment
Home Improvements & Furnishings
9,681 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,015 visits/mo
0.2 miles
Sunoco
Shops & Services
3,722 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Relocation opportunity alongside a new Dollar Tree store within a major retail corridor.
Where is this grocery and convenience store located?
The property is located at 1598 Patton Ave Asheville, NC.
What are key features of this property?
This property features: Family Dollar relocation of a proven, high‑volume store; Brand‑new Dollar Tree store located next door; Dual‑banner retail location at 1598 Patton Ave
