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101 Patton Ave 1,535 - 4,040 SF of Office/Retail Space Available in Asheville, NC 28801
HIGHLIGHTS
- Excellent, high-visibility frontage on Patton Ave (16,000 VPD)
- Open, warm-shell
- Patton Ave. is undergoing conceptual design for road diet and streetscaping upgrades are already underway
- $5/SF/yr NNN (estimated)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,535-4,040 SF | Negotiable | $34.47 CAD/SF/YR $2.87 CAD/SF/MO $139,272 CAD/YR $11,606 CAD/MO | Triple Net (NNN) |
1st Floor
Downtown Asheville storefront for lease on busy Patton Avenue with prominent frontage. This property is convenient to shops, hotels and restaurants downtown and walkable to the South Slope District. Situated between the signalized intersections of Asheland and Coxe Avenues, this location benefits from significant vehicle and pedestrian traffic and unmatched visibility.
- Lease rate does not include utilities, property expenses or building services
- Open, warm shell
- High-visibility frontage on Patton Ave (16k VPD)
- CAM: $5/SF/yr NNN (estimated)
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,040 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 1,535 SF | Gross Leasable Area | 10,276 SF |
| Property Type | Retail | Year Built | 1936 |
| Total Space Available | 4,040 SF |
| Min. Divisible | 1,535 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,276 SF |
| Year Built | 1936 |
ABOUT THE PROPERTY
Property Overview Discover a prime retail opportunity on Patton Avenue in the heart of Downtown Asheville. Unit 1 (1,278 USF / 1,535.5 RSF) is available within a multi-tenant building featuring a two-tenant arrangement on the street level. Unit 2 is fully leased. This property offers excellent visibility, 16,000 VPD, and strong downtown walkability—steps from beloved Asheville staples like Tupelo Honey and Pritchard Park, and in immediate proximity to premier hospitality projects including the Restoration Hotel and the Flatiron Hotel. Unit 1 is delivered as a warm-shell “white box,” ready for a custom retail or office build-out. Access to both retail units is via common entry vestibule offering access off of Patton Ave.
- 24 Hour Access
- Bus Line
- Signage
- Tenant Controlled HVAC
- Accent Lighting
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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101 Patton Ave
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