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Biltmore Village Retail LEASE 3 Kitchin Pl 2,155 SF of Retail Space Available in Asheville, NC 28803



Highlights
- • Located in popular Biltmore Village in close proximity to the Biltmore Estte
- • Many high-end national retailers
- • Neighbors Lululemon and Joseph A. Bank
- • High foot-traffic area
- • Turn-key for a variety of retailers
- • Walkable to Grand Bohemian Hotel
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,155 SF | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $90,510 /YR $7,543 /MO | Triple Net (NNN) |
1st Floor
2,155 square feet retail building located in the popular Biltmore Village. Surrounded by multiple national retailers and desirable restaurants. The building is conveniently situated in an area with high foot-traffic. It is positioned in a sought-after area for tourists to shop and eat. In close proximity to the Biltmore Estate which brings in 1.4 million visitors a year (calculated prior to 2020). Formerly used by White House Black Market making it capable of being used by a variety of retail operations. Adjacent to Temperpedic and Jos. A. Banks.
- Lease rate does not include utilities, property expenses or building services
- Located in popular Biltmore Village
- High foot-traffic area
- Tourist destination in close proximity to the Bilt
- Adaptable for a variety of retailers
- Walkable to Grand Bohemian Hotel
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 Biltmore Village Retail LEASE
- Tenant
- Description
- US Locations
- Reach
- White House/Black Market
- Ladies' Apparel
- 427
- International
| Tenant | Description | US Locations | Reach |
| White House/Black Market | Ladies' Apparel | 427 | International |
Property Facts
| Total Space Available | 2,155 SF | Gross Leasable Area | 4,692 SF |
| Property Type | Retail | Year Built | 1929 |
| Property Subtype | Storefront | Parking Ratio | 10/1,000 SF |
| Total Space Available | 2,155 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,692 SF |
| Year Built | 1929 |
| Parking Ratio | 10/1,000 SF |
About the Property
2,155 square feet retail building located in the popular Biltmore Village. Surrounded by multiple national retailers and desirable restaurants. The building is conveniently situated in an area with high foot-traffic. It is positioned in a sought-after area for tourists to shop and eat. In close proximity to the Biltmore Estate which brings in 1.4 million visitors a year (calculated prior to 2020). Formerly used by White House Black Market. Adjacent to Tempurpedic and Jos. A. Banks. Directions: I-40 to Exit 50 for US-25/Hendersonville Road toward North Asheville. Follow Hendersonville Road towards downtown for .7 miles. Turn right onto Boston Way. At first stop sign, take a right onto Kitchin Place. Building on the left.
Nearby Major Retailers
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Biltmore Village Retail LEASE | 3 Kitchin Pl
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