Restaurant, Retail and Food Court Space for Lease at the Asheville Mall

For Lease

3 South Tunnel Road, Asheville, NC 28805

You can currently find 14 retail space(s) available for lease at Restaurant, Retail and Food Court Space for Lease at the Asheville Mall. Designated use type for space listed here includes regional mall and restaurant. Current retail listings at this property total 43,252 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Restaurant, Retail and Food Court Space for Lease at the Asheville Mall.

Space Available For Lease 14

Contacts

broker

Scott Raines, CCIM

Dewey Property Advisors

(828) 548-0090

Property Details

  • Property Type Retail - Regional Mall
  • Property Size 974,465 SF
  • Units 108
  • Date Updated Apr 11, 2024
The Asheville Mall is located off I-240 and I-26 in East Asheville, on Tunnel Road.Please click on "Spaces" on the property website to see current availability with details and photos for each space. The Asheville Mall consists of 108 retail spaces and has limited spaces remaining for lease! Spaces available include one restaurant space in the front of the Mall with interior and exterior entrances directly off the parking lot; one food court space directly off the parking deck; and 11 retail suites, as well as kiosks. There are a variety of options available, lease terms, and flexibility in lease duration options available. Contact broker Scott Raines (828.548.0090) for more information. The Asheville Mall is the largest mall in Western North Carolina, located on the busiest retail corridor in Western North Carolina. The Mall has been a major retail destination in WNC for the past 50 years, with the closest competing indoor mall being located over 100 miles away! The Belks location is the TOP producing Belks in the USA. The Mall has several large, long-term anchor tenants that bring regular foot traffic to the property including Barnes and Noble, Ulta, Belk, and Dillards. The Mall is well-managed with a team of seasoned professionals that care about the tenants and the legacy of the business. The Mall serves regular foot traffic not only from the Asheville MSA and booming tourist population, but also 15 surrounding counties whose residents visit the area for shopping and healthcare needs. Even during the Covid years, occupancy never dropped below 84%.

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Highlights

  • Busiest Mall within 100 miles
  • Abundant Parking
  • Flexible lease terms
  • Security and great on-property management

Getting around

  • 48/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 27/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Asheville, NC
  • Neighborhood Kenilworth
  • Zip Code 28805
  • Market Asheville

Points of Interest

  • Shell

    0.59 miles

  • Gas Express

    1.14 miles

  • Citgo

    1.48 miles

  • ChargePoint

    1.51 miles

  • Greenlots

    1.51 miles

  • Shell

    1.55 miles

  • Greenlots

    1.65 miles

  • Shell

    2.07 miles

  • Exxon

    2.07 miles

  • Speedway

    2.25 miles

  • Haw Creek Park Parking lot

    1.38 miles

  • Biltmore Avenue Parking Garage

    1.62 miles

  • Simpson Parking

    1.79 miles

  • Sears Alley Public Parking Deck

    1.82 miles

  • Rankin Avenue Garage

    1.85 miles

  • Civic Center Garage

    1.91 miles

  • Wall Street Garage

    1.93 miles

  • Lioncrest

    2.80 miles

  • Parking Lot B

    2.97 miles

  • Parking Garage

    3.35 miles

  • Wild Wok

    0.09 miles

  • McAlister's Deli

    0.10 miles

  • Blaze Pizza

    0.17 miles

  • Chick-fil-A

    0.19 miles

  • Neo Burrito

    0.21 miles

  • Chili's

    0.26 miles

  • Cook Out

    0.28 miles

  • Cicis

    0.29 miles

  • India Garden

    0.30 miles

  • IHOP

    0.32 miles

  • Belk

    0.05 miles

  • Asheville Mall

    0.07 miles

  • Dillard's

    0.08 miles

  • JCPenney

    0.16 miles

  • Whole Foods Market

    0.21 miles

  • Five Below

    0.22 miles

  • Party City

    0.24 miles

  • TJ Maxx

    0.26 miles

  • Ross

    0.32 miles

  • Target

    0.56 miles

3 South Tunnel Road 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.

    3 South Tunnel Road is located in Kenilworth, which is home to a total of 17 listing(s). The rent for retail space at 3 South Tunnel Road is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 43,252 square feet of retail space for lease. Of this total, 38,809 square feet are Regional Mall, 4,443 square feet are Restaurant.

    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.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Kenilworth is 42. The average household income here is $54,911 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

Scott Raines, CCIM

Dewey Property Advisors

(828) 548-0090

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