Property profile

146 Roberts St Asheville, NC 28801

FOR LEASE
Retail space
Property ID
US53-1656882
Built 2024
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Property summary

AI-generated overview

Limited retail suites remain for lease at The Wyre! The Wyre at River Arts is a new live + work + create community located in the heart of the River Arts District of Asheville, NC. This new construction development offers 7 retail suites totaling 16,800 SF. 4 of the 7 suites have been leased to a boutique fitness studio, frozen dessert shop, and a two local retail gallery / studio concepts. The retail suites are located on the street level with 237 residential apartment units above. The site also features a secure parking garage. The Wyre at River Arts is Asheville's newest mixed-use development in the heart of the iconic River Arts District, bordering Downtown Asheville. The development consists of 237 luxury residential units with 17,000 SF of first and second floor commercial space for lease. The site location could not be more ideal with numerous breweries, art galleries, music venues, and James Beard award-winning restaurants surrounding the property on all sides. The luxury residential units feature high-end finishes, a courtyard/event lawn, fitness center & pool, and multiple business / social lounge areas on the property. This development is unmatched in live / work / play quality in Asheville. The commercial retail spaces are very limited, and now available for leasing!

Property profile

Verified
Property type Retail space
Year built 2024
UPID US53-1656882

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Complex

Location

146 Roberts St Asheville, NC 28801
Asheville metro
Google Maps

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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More about this property
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