Retail Suite with
New
For Lease
$3,042/Mo
168 Tunnel Rd Unit 20, Asheville, NC 28805
The strip-center space includes shared parking and signage opportunities along Tunnel Road.
Space Size1,460 SF
Days on Market2
Property Features for 168 Tunnel Rd Unit 20
General Information
Standard status
Active
Size
1,460 SF
Net Rentable
1,460 SF
Space & Availability
Available Space
1,460 SF
Contiguous Space
1,460 SF
Available From
Immediate
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
shared parking
signage opportunities
storefront visibility
Building Details
Year Built
2016
Tenancy
Multi
Listing Agency:
Dewey Property Advisors
Listed By:
Jay Lurie · License ##192865
(828) 216-8462
Source:
Dreamteamunited
Added: Oct 4
Last Checked: Oct 4 at 2:23PM
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 is an approximately 1,460-square-foot retail suite in a strip center built in 2016. The property offers a functional footprint, storefront exposure, shared parking and signage opportunities. Potential uses identified for the space include retail, office, medical, salon, wellness and specialty services.
The suite is on Tunnel Road in Asheville, with access to downtown and I-240. Nearby businesses include retailers, restaurants, hotels and service providers, among them Wingstop and Firehouse Subs.
The suite is on Tunnel Road in Asheville, with access to downtown and I-240. Nearby businesses include retailers, restaurants, hotels and service providers, among them Wingstop and Firehouse Subs.
Key Highlights
- Approximately 1,460 square feet in Unit 20
- Built in 2016
- Shared parking at the strip center
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
483k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Asheville, NC
$26.21 /SF/Yr
Avg Asking Price
$15.98–$40 /SF/Yr
Price Range
4,028 SF
Avg Space Size
This space is priced 5% below the average of $26.21 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - The strip-center space includes shared parking and signage opportunities along Tunnel Road.
Where is this retail space located?
The property is located at 168 Tunnel Rd Unit 20 Asheville, NC.
What is the lease rate?
The lease rate is $3,042/Mo.
What are key features of this property?
This property features: Approximately 1,460 square feet in Unit 20; Built in 2016; Shared parking at the strip center
