Street-Level Retail Space in
For Lease
$30 SF/Yr
363 Hilliard Avenue, Asheville, NC 28801
High-profile retail space in a prime Asheville location.
Space SizeContact for details
Days on Market858
Property Features for 363 Hilliard Avenue
General Information
Standard status
Active
Property subtype
Rental
Building Details
Year Built
2024
Listing Agency:
Dewey Property Advisors
(828) 424-1141
Listed By:
Tim Bramley · License #271946
(828) 424-1141
Source:
Exitrealty
Added: Apr 16, 2024
Changed: Aug 8
Last Checked: Aug 10 at 12:39PM
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.
This premier street-level retail space is located at The Avery, a Class-A residential project featuring 187 units with high-end finishes and amenities. Situated at the intersection of Clingman and Hilliard Avenues in Downtown Asheville, the retail space boasts 16.5 ft ceiling heights. It is adjacent to The Avery's co-working space and lounge, with convenient access to on-site retail parking off Hilliard Avenue. The location is proximal to the River Arts District, South Slope, and Aston Park, making it suitable for a retail user. Tenant improvement allowances are available. Project delivery is planned for August 2024.
Key Highlights
- Premier street‑level retail space in The Avery, a Class‑A residential project.
- Located in Downtown Asheville, proximal to the River Arts District and South Slope.
- On‑site retail parking available.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,625
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 67%
Shops & Services 25%
Home Improvements & Furnishings 8%
Embassy Suites By Hilton Asheville Downtown
Hotels & Casinos
7,794 visits/mo
0.4 miles
PNC Bank
Shops & Services
4,516 visits/mo
0.4 miles
DoubleTree by Hilton
Hotels & Casinos
4,345 visits/mo
0.4 miles
Hotel Indigo Asheville Downtown
Hotels & Casinos
3,619 visits/mo
0.5 miles
Downtown Inn
Hotels & Casinos
1,856 visits/mo
0.4 miles
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
Market
Lease Benchmarks for Asheville, NC
$26.25 /SF/Yr
Avg Asking Price
$14.58–$40 /SF/Yr
Price Range
6,647 SF
Avg Space Size
This space is priced 14% above the average of $26.25 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-profile retail space in a prime Asheville location.
Where is this retail space located?
The property is located at 363 Hilliard Avenue Asheville, NC.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Premier street‑level retail space in The Avery, a Class‑A residential project.; Located in Downtown Asheville, proximal to the River Arts District and South Slope.; On‑site retail parking available.
