The Vitamin Shoppe & Americas Best - 148 Tunnel Rd

Asheville, NC 28805

• NNN Property
• Retail for Sale
• $4,800,517 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
• $2,394,409 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% CAP Rate. Situated on 1.78 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
• $6,659,007 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
• $2,479,418 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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Fifth Third Bank - 150 Weaver Blvd

Weaverville, NC 28787

• NNN Property
• Retail for Sale
• $4,771,816 CAD
• 2,301 SF

Weaverville Retail for Sale - Buncombe County

INVESTMENT GRADE TENANT • Fifth Third Bank is a Fortune 500 company with over $164B held in deposits • Revenue increased 35% YoY • S&P Rating: A- STRONG LEASE FUNDAMENTALS • 10% rent increase every 5 years during option periods • Absolute NNN Ground lease with no Landlord Responsibilities • Four (4) - Five (5) year option periods GROCERY ANCHORED OUTPARCEL • This Fifth Third Bank site is an outparcel to an Ingles grocery store • The Ingles is in the 90th percentile nationally in visits • Excellent visibility from Weaver Blvd, which serves as the connector between I-26 and downtown Weaverville BANKING DEMAND DRIVER • Branch location adjacent to Ingles Markets headquarters and distribution hub (major regional employer) • Weaverville is a commuter town for Asheville professionals, supporting steady demand for financial services LOCATED IN LOW VACANCY AND HIGH DEMAND RETAIL CORRIDOR • Located on Weaver Boulevard, the primary retail artery in Weaverville • Traffic counts exceed 15,000 vehicles per day (VPD) on Weaver Blvd • Over 917K SF of Retail boasting a 0.2% vacancy rate • 11.6K SF of absorption • Immediate trade area includes Walmart Supercenter, Ingles, Lowe's, CVS, McDonald's, and Starbucks LOCATED IN AFFLUENT MARKET OF ASHEVILLE MSA • Just 15 minutes north of downtown Asheville • AHHI exceeds 105K in 1, 3, and 5 mile radius • One of the fastest growing cities in the country with 13.4% growth from 2010 to 2020 • Asheville Regional Airport saw 2 million+ passengers in 2023, underscoring regional economic strength

Contact:

Atlantic Capital Partners

Property Subtype:

Bank

Date on Market:

2025-11-10

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

Erwin, TN 37650

• NNN Property
• Retail for Sale
• $7,153,474 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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