Configurable Retail
41 N Merrimon Avenue #101/103, Asheville, NC 28804
For Lease
$3,493/Mo
Partitioned areas, two restrooms, and additional plumbing support a range of retail layouts.
Space SizeContact for details
Property Size2,395 SF
Days on Market694
Property Features for 41 N Merrimon Avenue #101/103
General Information
Standard status
Size
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Whitney Commercial Real Estate
(828) 665-9085
Listed By:
Jason Burk
(828) 418-1262
Source:
Arstarkandcompanyrealtors
Added: Dec 16, 2024
Changed: Nov 8
Last Checked: Nov 9 at 4:30AM
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 Whitney Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail suite at Shops at Reynolds Village includes several interior partitions, two restrooms, and additional plumbing. The space may be subdivided, offering flexibility in how the interior is arranged. The building dates to 2010, and multiple suites are available within the project.
The mixed-use development includes 200 apartment units above the retail spaces, with reported occupancy of 98.5%. The property is near I-26 and Weaverville Road, and free parking is positioned in front of the retail shops. The address is 41 N Merrimon Avenue #101/103 in Asheville.
The mixed-use development includes 200 apartment units above the retail spaces, with reported occupancy of 98.5%. The property is near I-26 and Weaverville Road, and free parking is positioned in front of the retail shops. The address is 41 N Merrimon Avenue #101/103 in Asheville.
Key Highlights
- Two restrooms and additional plumbing
- Interior partitions; suite can be subdivided
- 200 apartment units above the retail spaces; reported occupancy is 98.5%
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,706
Businesses Nearby
288k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 21%
Hotels & Casinos 17%
Shops & Services 16%
Trader Joe's
Groceries
46,740 visits/mo
0.2 miles
Harris Teeter
Groceries
45,099 visits/mo
0.2 miles
Chick-fil-A
Dining
41,844 visits/mo
0.3 miles
Whole Foods Market
Groceries
20,347 visits/mo
0.1 miles
Shell
Shops & Services
20,324 visits/mo
0.0 miles
Demographics for 28804, NC
23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
835
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value
Market
Lease Benchmarks for Asheville, NC
$24.84 /SF/Yr
Avg Asking Price
$15–$40 /SF/Yr
Price Range
4,184 SF
Avg Space Size
This space is priced 30% below the average of $24.84 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Asheville, NC
Properties on Market for Retail space in Asheville
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Partitioned areas, two restrooms, and additional plumbing support a range of retail layouts.
Where is this retail space located?
The property is located at 41 N Merrimon Avenue #101/103 Asheville, NC.
What is the lease rate?
The lease rate is $3,493/Mo.
What are key features of this property?
This property features: Two restrooms and additional plumbing; Interior partitions; suite can be subdivided; 200 apartment units above the retail spaces; reported occupancy is 98.5%
