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242-244 Tunnel Rd 10,260 SF of Retail Space Available in Asheville, NC 28805
Highlights
- Strong Tunnel Road Location - Busiest Retail Corridor in Asheville.
- Excellent Local Demographics.
- Seated on Fully Signalized Hard Corner.
- Op Ex: $6.25 psf.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,260 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $256,500 /YR $21,375 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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 242-244 Tunnel Rd, Asheville, NC 28805
- Tenant
- Description
- US Locations
- Reach
- Verizon
- Wireless Communications
- 8,477
- International
- Vip Petcare Community Clinic
- Animal Care/Groom
- 863
- National
| Tenant | Description | US Locations | Reach |
| Verizon | Wireless Communications | 8,477 | International |
| Vip Petcare Community Clinic | Animal Care/Groom | 863 | National |
Property Facts
| Total Space Available | 10,260 SF | Gross Leasable Area | 15,931 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Freestanding | Parking Ratio | 3.77/1,000 SF |
| Total Space Available | 10,260 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 15,931 SF |
| Year Built | 1994 |
| Parking Ratio | 3.77/1,000 SF |
About the Property
Located in one of Asheville’s most visible and active retail corridors, 244 Tunnel Road presents a rare opportunity to lease a high-exposure storefront previously occupied by a national pet-supply retailer. The site enjoys prime frontage with average daily traffic of approximately 19,000 vehicles, ensuring strong visibility and customer access. The property offers a flexible layout that includes an open retail showroom, and storage/service area. Ample parking and prominent signage maximize accessibility and brand exposure. Strong Co-tenancy with Verizon. Surrounding national retailers such as Whole Foods, Lowe’s, and the Asheville Mall, attracting both destination and drive-by shoppers.
- Signalized Intersection
- Monument Signage
Nearby Major Retailers
Presented by
242-244 Tunnel Rd
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