Share This Listing

Message

932 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

1275 Tunnel RD., Asheville NC 1275 Tunnel Rd 4,964 SF 100% Leased Office Building Asheville, NC 28805 $2,790,444 CAD ($562.14 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Established, 44-year-old veterinary practice with 2 locations for sale (see also 1304 Hendersonville Rd., Asheville, NC - Animal Hospital South)
  • Dominant pet hospital serving east Asheville
  • Prominent signage on Tunnel Rd. (US Hwy 70), a major 4-lane commercial corridor
  • Acquired in 2024 by Blue River PetCare, a national veterinary group with over 200 locations in the US
  • 2nd floor leased to two apartments
  • Blue River PetCare’s commitment to Asheville will ensure a stable, long-term investment for the purchaser

EXECUTIVE SUMMARY

Clover Vet Properties, LLC, through G/M Property Group, LLC as its exclusive agent, is soliciting offers for the purchase of 1275 Tunnel Road, Asheville, NC 28805(aka "Animal Hospital East"). Outstanding investment opportunity anchored by a national veterinary practice ensuring long term stability and income appreciation. 2-level building with veterinary hospital on the ground floor and two walkup apartments on the 2nd floor. Paved on-site parking for 13 vehicles.
Tenant Profile: Blue River PetCare was founded in 2009 and is headquartered in Chicago, Illinois. In July 2019, Swiss-based firm Partners Group made a strategic equity investment in Blue River. The founding team retained a significant stake, and the funding helped accelerate further growth and acquisition activity. As of mid-2025, Blue River operates in 39 U.S. states across 200+ practices, making it one of the larger veterinary consolidators in the country. Their vision: to create a community-driven veterinary operator that preserves the legacies of acquired practices while providing centralized support and capital. In June 2025, Blue River PetCare earned Great Place To Work® Certification, with 85% of employees reporting a positive workplace experience—far above the U.S. average of 57%, and 28 points above typical employers.
See attached brochure for full details.
**Note: 2nd location also for sale (see 1304 Hendersonville Rd, Asheville, NC 28803 - Animal Hospital South)**

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,964 SF
Building Class
B
Year Built
1981
Price
$2,790,444 CAD
Price Per SF
$562.14 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,356 SF
Building FAR
0.05
Lot Size
2.37 AC
Zoning
HB
Parking
13 Spaces (2.62 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Blue River PetCare
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Blue River PetCare Health Care and Social Assistance 99,999 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9668-75-5822-00000
Land Assessment
$97,782 CAD
Improvements Assessment
$544,223 CAD
Total Assessment
$642,005 CAD
  • Listing ID: 37183425

  • Date on Market: 2025-08-08

  • Last Updated:

  • Address: 1275 Tunnel Rd, Asheville, NC 28805

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}