- For Sale $4,700,000
- Property Type Retail - Street Retail
- Property Size 14,262 SF
- Units 6
- Lot Size 1.92 Acre
- Year Built 1978
- Date Updated Jun 9, 2026
Description
TBDThis popular 14,262 SF retail center is located on a primary commercial corridor with traffic counts of 25k+ VPD and retail demand. Neighboring businesses include VA Medical Center, Ingles Markets and many more.
This center offers approximately $260,000 in current income with significant upside through lease rollover, rent increases, and conversion to a more institutional lease structure.
Highlights
- Current NOI psf: $15.65
- Diverse tenant mix
- High visibility location at signalized intersection
- Short-term leases allow repositioning
- Strong in-place income
False
Contacts
Scott Raines
Dewey Property Advisors
Location
Located at 1078 Tunnel Rd, Asheville, NC 28805, this property is part of the Bull Mountain neighborhood and Asheville market.
Contact Listing Broker
Scott Raines
Dewey Property Advisors
