The Vitamin Shoppe & Americas Best - 148 Tunnel Rd

Asheville, NC 28805

• NNN Property
• Retail for Sale
• $4,755,397 CAD
• 6,700 SF

Asheville Retail for Sale - Central Asheville

STRATEGIC LOCATION & ACCESSIBILITY: The property is positioned along Tunnel Road (17,500 VPD), Asheville’s primary retail corridors, and sits adjacent to Interstate 240 (52,000 VPD), unlocking broad connectivity throughout the Asheville MSA. The site is a 5-minute drive to downtown Asheville and is surrounded by national retailers including Whole Foods, TJ Maxx, Lowe’s, Best Buy, Walmart, and Asheville Mall, generating continuous consumer traffic the asset directly benefits from. LONG - TERM LEASE STABILITY: The Vitamin Shoppe and Americas Best recently exercised their extension options making the asset 100% leased through 2032. The Vitamin Shoppe has two 5-year option with built-in rent bumps of 10% and Americas best has one 5-year option with a 15% rent bump. A long-term billboard lease through 2033 adds additional income with no expense burden. STRONG, GROWING DEMOGRAPHICS: The trade area supports a dense, affluent population with 97,764 residents within a 5-mile radius. The population within a 5 mile radius grew 6.3% from 2020 to 2025 and is projected to continue expanding. Average household income reaches $107,060 within 5 miles and $101,308 within 3 miles, both comfortably above the national average, underpinning consumer demand for the tenants’ need based offerings.

Contact:

Berkeley Capital Advisors

Property Subtype:

Storefront

Date on Market:

2026-06-12

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149 New Leicester Hwy, Asheville, NC 28806 - 149 New Leicester Hwy

Asheville, NC 28806

• NNN Property
• Office for Sale
• $2,231,724 CAD
• 6,740 SF

• Air Conditioning
• 24 Hour Access
• Reception
• Wheelchair Accessible

Asheville Office for Sale - West Asheville

Attractive investment opportunity along one of West Asheville's primary commercial corridors. This 6,740 SF purpose-built facility was designed for a full-service physical therapy practice and offers a highly functional layout adaptable to a variety of medical, wellness, professional office, or service-oriented users. The property is currently leased to a successful, regional physical therapy and sports medicine practice, providing stable cash flow for an investor at a 6.39% CAP Rate. Situated on 1.76 Acres, zoned HB (Highway Business) and featuring 346 feet of road frontage, this site provides outstanding visibility, signage and convenient access for the community, ensuring success for the Tenant-occupant. Ideally located just minutes from downtown Asheville, the property enjoys quick access to I-240 (approximately 3 miles), I-26 (approximately 4 miles), and I-40 (approximately 6 miles), allowing seamless connectivity throughout Western North Carolina. This well-maintained asset presents an excellent investment opportunity in a growing commercial market.

Contact:

Likewise Commercial Real Estate

Date on Market:

2026-06-08

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Tunnel Road Retail Center - 1078 Tunnel Rd

Asheville, NC 28805

• NNN Property
• Retail for Sale
• $6,596,920 CAD
• 14,262 SF

• 24 Hour Access

Asheville Retail for Sale - East Asheville

This popular 14,262 SF retail center is located on a primary commercial corridor with traffic counts of 25k+ VPD and retail demand. Neighboring businesses include VA Medical Center, Ingles Markets and many more. This center offers approximately $260,000 in current income with significant upside through lease rollover, rent increases, and conversion to a more institutional lease structure.

Contact:

Dewey Property Advisors

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-08

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Mountain Center - 9 Fallen Spruce Dr

Asheville, NC 28806

• NNN Property
• Retail for Sale
• $2,456,300 CAD
• 7,737 SF

Asheville Retail for Sale - Buncombe County

Six-unit well-maintained neighborhood center in a highly accessible north-west Asheville location. Long-term tenants in place, with one current vacancy, offering immediate value-add potential and stable cash flow. All tenants are operating under NNN leases. Conveniently located just off New Leicester Highway. Surrounded by a strong mix of residential and commercial development, nearby businesses, and numerous service-oriented retailers and professional offices that support the area's growing population. This is an excellent opportunity for investors seeking a multi-tenant asset with in-place income and upside through lease-up of the remaining vacancy. Please see the brochure for further financial information. Please do not disturb tenants - contact the listing broker for showings.

Contact:

Likewise Commercial Real Estate

Date on Market:

2026-06-04

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Dutch Bros | Abs NNN | Drive-Thru Equipped - 2375 E Andrew Johnson Hwy

Greeneville, TN 37745

• NNN Property
• Retail for Sale
• $4,433,972 CAD
• 986 SF

Greeneville Retail for Sale

• The tenant recently executed a brand new 15-year lease with three (3) additional 5-year renewal options, demonstrating a long-term commitment to the site • The lease features 10% rental increases every five years throughout the initial term and at the start of each option period, driving NOI growth and providing an effective hedge against inflation • Dutch Bros (NYSE: BROS) is the third largest coffee chain in the US with over 1,177 locations throughout 25 states and a long-term goal of hitting 4,000+ stores • New construction with high-quality materials and the brand’s current design package — minimal deferred maintenance exposure for a passive investor

Contact:

SRS Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2026-05-26

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1994 Hendersonville Rd - 1994 Hendersonville Rd

Asheville, NC 28803

• NNN Property
• Retail for Sale
• $2,737,020 CAD
• 3,600 SF

Asheville Retail for Sale - S Asheville/Royal Pines

INVESTMENT OPPORTUNITY for a fully leased 2 tenant building directly on Hendersonville Rd. Tenants are: Biscuit Head & Studio Chavarria (Barbershop). Building was completely remodeled in 2018. Great location, tons of parking and street front signage. MUST SEE!

Contact:

Pulliam Properties

Property Subtype:

Freestanding

Date on Market:

2026-05-15

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GPM Investments, LLC (Roadrunner) - Erwin TN - 519 Jonesborough Rd

Erwin, TN 37650

• NNN Property
• Retail for Sale
• $7,086,776 CAD
• 4,822 SF

Erwin Retail for Sale

• The lease features a corporate guaranty by GPM Investments, a reputable brand with 3,600+ units nationwide and S&P: B+ credit score • 11+ years of lease term remaining on the original 15-year base term with 4 (5-year) options to extend • 10% rental increases every five years including options

Contact:

SRS Real Estate Partners

Property Subtype:

Service Station

Date on Market:

2025-08-28

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1978 Hendersonville Rd

Asheville, NC 28803

• NNN Property
• Office for Sale
• $7,719,800 CAD
• 15,900 SF

Asheville Office for Sale - S Asheville/Royal Pines

INVESTIMENT OPPORTUNITY. Fully leased building now for sale. CAP rate is 5.56%. Great location directly on Hendersonville Rd. Fully leased by Allergy Partners, PA. with a new 5-year lease beginning in 2024. New Roof in 2023. New HVAC in 2024.

Contact:

Pulliam Properties

Property Subtype:

Medical

Date on Market:

2024-08-05

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