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Two-Story Office Building
New
For Lease
$24 SF/Yr NNN

168 Patton Avenue, Asheville, NC 28801

CBD zoning and a flexible mix of open work areas and private offices support conventional office use.

Space SizeContact for details
Days on Market4

Property Features for 168 Patton Avenue

General Information

Standard status Active
Zoning CBD
Lease Type NNN

Additional Details

Space Use Office

Building Details

Year Built 1971
Stories 2
Listing Agency: Tessier Associates
Listed By: Stoner Giltz · License #4290430
Source: Geoffcampbell
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 2:13PM

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 Tessier Associates

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Investment Insights

Based on property information with market context.

Arranged over two levels, the office property combines open workspace with separate private offices. It was built in 1971 and is zoned CBD, with a conventional office configuration.

At 168 Patton Avenue in Asheville, the building sits on an illuminated corner near the entrance to downtown and directly adjoins the Federal Building. The lease structure is NNN.

Key Highlights

  • Two‑story office property with open workspace and separate private offices
  • CBD zoning
  • Built in 1971

Property Analytics

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Open Analytics

Current Use

Civil Design Concepts Civil Engineer Asheville Pocket Neighborhoods Real Estate Agency Trillium Properties of Asheville, ... Real Estate Agency North Carolina Property ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Locksmith Tanning Salon Daycare Center

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

4,641
Businesses Nearby

Demographics for 28801, NC

15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
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Market

Lease Benchmarks for Asheville, NC

$22.93 /SF/Yr
Avg Asking Price
$18–$25.44 /SF/Yr
Price Range
5,288 SF
Avg Space Size

This space is priced 5% above the average of $22.93 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - CBD zoning and a flexible mix of open work areas and private offices support conventional office use.
Where is this office building located?
The property is located at 168 Patton Avenue Asheville, NC.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Two‑story office property with open workspace and separate private offices; CBD zoning; Built in 1971
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