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Asheville Market 4 S Tunnel Rd 3,700 SF of Retail Space Available in Asheville, NC 28805
HIGHLIGHTS
- 102,000 VPD
- Anchored by Whole Foods, DSW, Arhaus, and Jared Galleria of Jewelry
- Highest Traffic Corridor in WNC
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 500-600 | 3,700 SF | Negotiable | $40.48 CAD/SF/YR $3.37 CAD/SF/MO $149,782 CAD/YR $12,482 CAD/MO | Triple Net (NNN) |
4 S Tunnel Rd - 1st Floor - Ste 500-600
These spaces are currently combined and can be subdivided back into individual suites.
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT ASHEVILLE MARKET
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- DSW
- Shoes
- 600
- International
- Guitar Center
- -
- -
- -
- Jared The Galleria Of Jewelry
- Jewelry/Watches
- 322
- International
- Trek Bikes
- Bike Shop
- 702
- International
- Tunnel Vision
- Services
- -
- -
- Whole Foods
- Supermarket
- 670
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| DSW | Shoes | 600 | International |
| Guitar Center | - | - | - |
| Jared The Galleria Of Jewelry | Jewelry/Watches | 322 | International |
| Trek Bikes | Bike Shop | 702 | International |
| Tunnel Vision | Services | - | - |
| Whole Foods | Supermarket | 670 | International |
PROPERTY FACTS
| Total Space Available | 3,700 SF | Frontage | S. Tunnel Rd |
| Center Type | Community Center | Gross Leasable Area | 129,752 SF |
| Parking | 860 Spaces | Total Land Area | 51.57 AC |
| Center Properties | 6 | Year Built | 1975 |
| Total Space Available | 3,700 SF |
| Center Type | Community Center |
| Parking | 860 Spaces |
| Center Properties | 6 |
| Frontage | S. Tunnel Rd |
| Gross Leasable Area | 129,752 SF |
| Total Land Area | 51.57 AC |
| Year Built | 1975 |
ABOUT THE PROPERTY
3,700 SF Restaurant Suite available with outdoor patio. (Suites 500 & 600 combined.) Asheville Market is a high-traffic and well-maintained center, consisting of 130,000 SF of retail. The multi-tenant center is centrally located on Tunnel Road, the #1 retail corridor in Western North Carolina. The center has two points of ingress and egress on Tunnel Road. The main entrance is signalized. Strong draw from anchor retailers and traffic from Asheville Mall across the street. Great visibility along Tunnel Road and I-240. Tenants include: Whole Foods, DSW, Guitar Center, Nadeau, Trek Bikes, Arhaus, and Hollywood Feed. PROPERTY WEBSITE: https://deweypa.com/listings/?propertyId=309899-lease
- Air Conditioning
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Asheville Market | 4 S Tunnel Rd
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