Property profile

74 Patton Ave Asheville, NC 28801

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional sublease opportunity presents a 3,618 square foot restaurant space at 74 Patton Avenue in the heart of Asheville, Buncombe County, North Carolina. Located in the vibrant Asheville submarket, this single-tenant property boasts a prime location directly across from Pritchard Park, a popular tourist attraction known for its live music and performances. The property's adjacency to The Restoration Hotel, a recently opened (April 2023) sixty-room boutique hotel featured in Forbes and Garden & Gun magazines, provides significant foot traffic and exposure. This second-generation restaurant space offers immediate access to a built-in infrastructure, perfect for a quick and efficient setup. The property benefits from its proximity to other successful and established businesses, including Tupelo Honey, Early Girl Eatery, Thirsty Monk, and Red Ginger Dimsum and Tapas, creating a synergistic and thriving commercial environment. The property is classified as Retail and Restaurant, and is specifically offered as a sublease. The zip code is 28801. This is an ideal location for a restaurant operator seeking a high-visibility space in a bustling downtown area with strong tourism and local clientele. Contact us for pricing and further details.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

74 Patton Ave Asheville, NC 28801
Asheville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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