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396 New Leicester HWY 396 New Leicester Hwy 2,544 SF 100% Leased Office Building Asheville, NC 28806 $1,094,341 CAD ($430.17 CAD/SF)



Investment Highlights
- ±2,544 SF freestanding commercial building
- High daily traffic counts (20,000–33,000 VPD)
- Strong “drive-home” commuter visibility
- Prime frontage along New Leicester Highway (NC-63)
- ±4 miles to downtown Asheville
- Population exceeding 99,000 within a 5-mile radius
Executive Summary
Positioned along the highly traveled New Leicester Highway (NC-63), 396 New Leicester Highway presents an excellent opportunity to acquire a well-located commercial asset in one of West Asheville’s most active growth corridors. This 2,544 SF building benefits from outstanding visibility and accessibility along a primary commuter route connecting the rapidly expanding Leicester community to Asheville.
Located just ±4 miles northwest of Asheville’s vibrant downtown, the property enjoys strong daily traffic counts estimated between 20,000 and 33,000 vehicles per day, delivering consistent “drive-home” exposure ideal for a wide range of commercial uses. The surrounding corridor is characterized by a dynamic mix of neighborhood retail, dining, and service-oriented businesses, making it a proven destination for both local residents and commuters.
The property is supported by a robust and growing customer base, with over 99,000 residents within a 5-mile radius and continued population growth projected in the coming years. This combination of strong demographics, high visibility, and strategic location makes the site well-suited for owner-users, investors, or businesses seeking to establish or expand their presence in the West Asheville market.
Located just ±4 miles northwest of Asheville’s vibrant downtown, the property enjoys strong daily traffic counts estimated between 20,000 and 33,000 vehicles per day, delivering consistent “drive-home” exposure ideal for a wide range of commercial uses. The surrounding corridor is characterized by a dynamic mix of neighborhood retail, dining, and service-oriented businesses, making it a proven destination for both local residents and commuters.
The property is supported by a robust and growing customer base, with over 99,000 residents within a 5-mile radius and continued population growth projected in the coming years. This combination of strong demographics, high visibility, and strategic location makes the site well-suited for owner-users, investors, or businesses seeking to establish or expand their presence in the West Asheville market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,544 SF
Year Built
1998
Price
$1,094,341 CAD
Price Per SF
$430.17 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,544 SF
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Not bikeable
10/100
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396 New Leicester HWY | 396 New Leicester Hwy
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