This Retail Property is Off-Market.

801 Fairview Road
Asheville, NC 28801 ·

118,699 SF · Retail For Sale

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Oakley Plaza

Price N/A Property Use Type Investment
Gross Leasable Area 118,699 SF Occupancy 95%
Property Type Retail Tenancy Multiple
Property Sub-type Community Center
Listing ID: 17321661 Date Created: 09/07/2011 Last Updated: 03/29/2012

Description

Built in 1988, Oakley Plaza is a 118,699 SF, L-shaped community shopping center anchored by Bi-Low (42,317 SF, or 36% of GLA) and Babies "R" Us (43,000 SF or 36% GLA). Currently 95% leased, the Center also includes 33,382 SF of in-line space and a Burger King (3,876 SF) outparcel (not included). Junior anchors include Advance Auto Parts (10,560 SF) and Aaron Rents (8,450 SF).

Located in eastern Asheville at the northeast corner of the I-240 and Fairview Road interchange and less than one mile from I-40. This strategic location offers excellent access for customers traveling on both interstates and easy accessibility to Asheville's most visited destinations, the Biltmore and the Crown Plaza Golf Course, as well as some of the area's most affluent residential communiitites of East and North Asheville. Furthermore, Oakley Plaza is positioned near the dominant retail corridor - Tunnel Road - that includes more than 2.6 MSF of retail space, inluding the Asheville Mall, a 1.0 MSF enclosed regional mall.

Research

801 Fairview Road, Asheville, NC 28801 (Buncombe County)

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