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Retail Strip Center
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164-168 Tunnel Road, Asheville, NC 28805

Suite supports retail, office, medical, salon, wellness, and specialty service uses within a shared commercial center.

Space Size1,460 SF
Days on Market17

Property Features for 164-168 Tunnel Road

General Information

Standard status Active
Size 1,460 SF
Property subtype Retail

Building Details

Building Size 1,460 SF
Tenancy Single

Spaces For Lease

at 164-168 Tunnel Road Contact us

#20

Size
1,460 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Dewey Property Advisors
Listed By: Jay Lurie · License #NC 192865
Source: Crexi
Added: Aug 17 Changed: Sep 1 Last Checked: Sep 1 at 10:24PM

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.

Unit 20 at 168 Tunnel Rd provides approximately 1,460 square feet within a multi-tenant retail center. The suite has storefront exposure, shared parking, and opportunities for signage. Its stated use profile includes retail, office, medical, salon, wellness, and specialty service operations.

The property sits along Tunnel Road in Asheville, with access to I-240, downtown Asheville, and nearby residential communities. Surrounding commercial activity includes national and regional retailers, restaurants, hotels, and service providers. Wingstop and Firehouse Subs are identified among the nearby businesses, adding established retail and food-service context to the corridor.

Key Highlights

  • Approximately 1,460 square feet in Unit 20 at 168 Tunnel Rd
  • Shared parking serves the multi‑tenant retail center
  • Storefront exposure with signage opportunities

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby
483k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Dining 27% Shops & Services 23% Electronics 7%
Five Below Shops & Services
46,252 visits/mo 0.1 miles
Chick-fil-A Dining
41,655 visits/mo 0.3 miles
Belk Apparel
38,941 visits/mo 0.3 miles
Ross Dress for Less Apparel
38,095 visits/mo 0.1 miles
Best Buy Electronics
31,798 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

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?
Strip mall - Suite supports retail, office, medical, salon, wellness, and specialty service uses within a shared commercial center.
Where is this strip mall located?
The property is located at 164-168 Tunnel Road Asheville, NC.
What are key features of this property?
This property features: Approximately 1,460 square feet in Unit 20 at 168 Tunnel Rd; Shared parking serves the multi‑tenant retail center; Storefront exposure with signage opportunities
(828) 216-8462 Call to check price and availability
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