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Corner Retail Space with Display Windows
For Lease
$40-$40 SF/Yr

5 Biltmore Plaza, Asheville, NC 28803

Bright, flexible storefront with prominent signage and display windows in a walkable retail destination.

Property Size4,301 SF
Days on Market17

Property Features for 5 Biltmore Plaza

General Information

Standard status Active
Size 4,301 SF
Net Rentable 4,301 SF
Lease Type /mo

Space & Availability

Available Space 4,301 SF
Contiguous Space 4,301 SF
Space Use Retail

Lease Terms

Lease Rate $40 /USD/SF/YR
Monthly Rent $14,336
Rent per SF/Year $40

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Amenities

generous display windows
highly visible signage

Building Details

Building Size 4,301 SF
Year Built 1929
Tenancy Multi
Listing Agency: Likewise Commercial Real Estate
Listed By: Carla Barnard · License #286709
Source: Techrealtyllc
Added: Jul 16 Changed: Jul 31 Last Checked: Jul 31 at 4:54PM

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 Likewise Commercial Real Estate

Investment Insights

Based on property information with market context.

This 4,301-square-foot corner retail space at 5 Biltmore Plaza offers a bright, open, flexible layout with prominent signage and generous display windows. The space was formerly home to Bellagio Art to Wear and is suited to boutique retail, apparel, home furnishings, specialty goods, galleries, and other destination retail concepts. The building was constructed in 1929.

The property is located in Biltmore Village, near New Morning Gallery, the public parking lot, local and national retailers, food service, destination hotels, and the Biltmore Estate. It is just off Hendersonville Road (US-25), approximately 1 mile from I-40, 2 miles from I-240, and less than 4 miles from I-26. The space is offered on an NNN lease structure.

Key Highlights

  • 4,301 SF corner retail space in Biltmore Village
  • Bright, open, flexible layout with generous display windows
  • Highly visible signage opportunity at a walkable retail destination

Property Analytics

Current Use

Bellagio Clothing Store Joyce Wilkerson (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm HVAC Service Auto Parts Store Electrical Service Big Box & Wholesale Store Auto Repair Shop

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,072
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 19% Hotels & Casinos 12% Home Improvements & Furnishings 1%
Texas Roadhouse Dining
40,179 visits/mo 0.5 miles
Starbucks Dining
19,253 visits/mo 0.3 miles
Shell Shops & Services
19,241 visits/mo 0.4 miles
Arby's Dining
10,490 visits/mo 0.2 miles
Bruegger's Dining
7,184 visits/mo 0.2 miles

Demographics for 28803, NC

34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value

Market

Lease Benchmarks for Asheville, NC

$26.85 /SF/Yr
Avg Asking Price
$19–$40 /SF/Yr
Price Range
4,022 SF
Avg Space Size

This space is priced 49% above the average of $26.85 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Bright, flexible storefront with prominent signage and display windows in a walkable retail destination.
Where is this retail space located?
The property is located at 5 Biltmore Plaza Asheville, NC.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 4,301 SF corner retail space in Biltmore Village; Bright, open, flexible layout with generous display windows; Highly visible signage opportunity at a walkable retail destination
More about this property
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