Capital Center

Off-Market

82 Patton Avenue, Asheville, NC 28801

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 60,000 SF
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1965

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 18 Nov, 2005
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Asheville

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Asheville Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $23.05
  • 2022 Office Vacancy Rate 13.22%
  • 2022 Office Completions (SF) 26,000
View more Asheville market trends

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    53/100 Good Transit

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Asheville, NC
  • Neighborhood Downtown Asheville
  • Zip Code 28801
  • Market Asheville

Points of Interest

  • Greenlots

    0.20 miles

  • ChargePoint

    0.39 miles

  • Greenlots

    0.39 miles

  • Shell

    0.44 miles

  • Citgo

    0.50 miles

  • Enmark

    0.84 miles

  • Exxon

    1.14 miles

  • Gas Express

    1.17 miles

  • Shell

    1.31 miles

  • Shell

    1.45 miles

  • Sears Alley Public Parking Deck

    0.05 miles

  • Wall Street Garage

    0.08 miles

  • Rankin Avenue Garage

    0.12 miles

  • Civic Center Garage

    0.19 miles

  • Biltmore Avenue Parking Garage

    0.23 miles

  • Parking Garage

    1.63 miles

  • Simpson Parking

    1.70 miles

  • Haw Creek Park Parking lot

    2.86 miles

  • Lioncrest

    3.01 miles

  • Parking Lot B

    3.61 miles

  • Haywood Park Hotel and Atrium

    0.09 miles

  • Downtown Inn and Suites

    0.10 miles

  • Cambria Hotel Downtown Asheville

    0.10 miles

  • Aloft Asheville Downtown

    0.22 miles

  • AC Hotel by Marriott Asheville Downtown

    0.23 miles

  • The Windsor Boutique Hotel

    0.24 miles

  • Hotel Indigo Asheville Downtown, an IHG Hotel

    0.25 miles

  • Hyatt Place Asheville/Downtown

    0.29 miles

  • The Foundry Hotel Asheville, Curio Collection by Hilton

    0.31 miles

  • Renaissance Asheville Hotel

    0.37 miles

  • Red Ginger Dimsum & Tapas

    0.01 miles

  • Jerusalem Garden Cafe

    0.01 miles

  • Addisae

    0.01 miles

  • Kathmandu Cafe

    0.02 miles

  • Tupelo Honey

    0.04 miles

  • Jack of the Wood

    0.05 miles

  • Mayfel's

    0.06 miles

  • Chai Pani

    0.06 miles

  • S&W Artisanal

    0.06 miles

  • Carmel's Restaurant & Bar

    0.09 miles

  • William Randolph School

    0.44 miles

  • Isaac Dickson Elementary School

    0.57 miles

  • Asheville Middle School

    0.63 miles

  • Lucy B Herring Elementary School

    0.75 miles

  • Asheville-Buncombe Technical Community College

    1.49 miles

  • Asheville High School

    1.52 miles

  • University of North Carolina - Asheville

    1.64 miles

  • Aycock School

    1.86 miles

  • Lucy S. Herring

    2.82 miles

  • Woodfin Elementary School

    3.13 miles

  • Kids Garden

    1.86 miles

  • Childcare Network

    5.34 miles

  • Child Kingdom Montessori

    6.80 miles

Frequently Asked Questions

What is the total square footage of Capital Center?

Capital Center totals 60,000 square feet.

When was Capital Center last sold?

Capital Center was last sold on 18 Nov, 2005.

What is the property tax for Capital Center?

The property tax for Capital Center in 2023 was $96,188.

What is the market value for Capital Center?

The market value* for Capital Center in 2023 was $9,550,100.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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