Grove Arcade

For Lease

1 Page Avenue, Asheville, NC 28801

You can currently find 1 retail space(s) available for lease at Grove Arcade. Designated use type for space listed here includes regional mall. Current retail listings at this property total 1,210 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Grove Arcade.

Space Available For Lease 1

Contacts

broker

Jesse Toller

Dewey Property Advisors

(828) 548-0090

Property Details

  • Property Type Retail
  • Property Size 250,000 SF
  • Lot Size 1.55 Acre
  • Parking Spaces Avail. 107
  • Property Tenancy Multi-Tenant
  • Year Built 1927
  • Year Renovated 2003
  • Date Updated Apr 12, 2024
In 1915 E.W. Grove had completed the Grove Park Inn and understood that a successful city needed a vibrant downtown. He conceived of Grove Arcade as “the most elegant building in America”—and as a new kind of retail center. A century later, retail continues to boom here. The Grove Arcade spans a city block on the west side of Downtown Asheville. It is located directly off of I-240 at the cross streets of Battery Park Drive, Page Avenue & O'Henry St. It anchors an area of downtown that includes a handful of Carolina’s finest restaurants, retailers as well as other Historic structures including The Battery Park Apartments, Haywood Park Hotel, The Flat Iron Building and Wall Street. It is within 300 yds. of five hotels; Hyatt Place, Indigo Hotel, Haywood Park Hotel, Cambria Suites, and Embassy Suites. Asheville benefits from tourism with 11.9 million visitors annually, generating $3.1 billion in economic impact. Known as one of the leading cultural hubs in the US, is also voted as one of the best cities to live in.Investment OfferingThe Grove Arcade is a nationally well-known, Class-A mixed use retail, restaurant, office, and residential complex located in downtown Asheville. With a Walk-Score of 92 it is the most attractive class A office location in Downtown. The site offers abundant foot traffic for retailers (door counts are available), easy accessibility, on-site security and parking, and immediate access to Restaurant Row. Retail and restaurant tenants benefit from the property's marketing team, which continuously promotes tourism to the property through a range of marketing channels and methods. Office tenants enjoy strong signage / wayfinding to direct visitors to their suites, and many property amenities.

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Highlights

  • Class A Retail Space - Suite 118 (1,210 SF) Available! Click on Spaces on the property website for full details.
  • Nearby Public Parking: Metered Street Parking around the building perimeter, Wall Street Garage (232 Spaces), Rankin Garage (262 Spaces), Civic Center Garage (550 Spaces)
  • On-site private parking with security is available for Grove Arcade tenants in either our private underground deck, or surface parking at the Basilica (1 block away)

Getting around

  • 96/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 77/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Asheville, NC
  • Neighborhood Downtown Asheville
  • Zip Code 28801
  • Market Asheville

Points of Interest

  • Greenlots

    0.33 miles

  • Shell

    0.37 miles

  • ChargePoint

    0.50 miles

  • Greenlots

    0.50 miles

  • Citgo

    0.63 miles

  • Enmark

    0.76 miles

  • Exxon

    1.20 miles

  • Shell

    1.21 miles

  • Gas Express

    1.25 miles

  • Sam's Club

    1.41 miles

  • Wall Street Garage

    0.07 miles

  • Civic Center Garage

    0.16 miles

  • Rankin Avenue Garage

    0.16 miles

  • Sears Alley Public Parking Deck

    0.18 miles

  • Biltmore Avenue Parking Garage

    0.36 miles

  • Parking Garage

    1.50 miles

  • Simpson Parking

    1.80 miles

  • Haw Creek Park Parking lot

    2.97 miles

  • Lioncrest

    3.10 miles

  • Parking Lot B

    3.72 miles

  • Baba Nahm

    0.02 miles

  • Chorizo

    0.03 miles

  • Modesto

    0.03 miles

  • Burgerworx

    0.04 miles

  • Carmel's Restaurant & Bar

    0.04 miles

  • Hemmingway’s Cuba

    0.04 miles

  • Chai Pani

    0.08 miles

  • Jack of the Wood

    0.09 miles

  • Tupelo Honey

    0.11 miles

  • Mayfel's

    0.12 miles

  • Mast General Store

    0.29 miles

  • French Broad Food Co-op

    0.44 miles

  • Trader Joe's

    0.54 miles

  • Harris Teeter

    0.59 miles

  • Earth Fare

    1.09 miles

  • Ingles

    1.20 miles

  • Innsbruck Mall

    1.24 miles

  • Big Lots

    1.25 miles

  • Sav-Mor Food & Dollar

    1.81 miles

  • Dillard's

    1.90 miles

1 Page Avenue Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    1 Page Avenue is located in Downtown Asheville, which is home to a total of 6 listing(s). Retail space at Grove Arcade asks $35.00/SF/YR per square foot.

  • The property includes 1,210 square feet of retail space for lease. Of this total, 1,210 square feet are Regional Mall.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    1 Page Avenue was last renovated in 2003.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Asheville is 40. The average household income here is $44,860 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jesse Toller

Dewey Property Advisors

(828) 548-0090

  1. 1Main information
  2. 2Extra information