Retail Property on Tunnel Road

Investment Overview

Prime retail property opportunity available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area’s busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville’s primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical, retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor. *Though the property is not located in the flood zone, there was significant flooding from Helene. Internal work needs to be done.

Investment Highlights

• High traffic, high visibility location
• 22,000 VPD on Tunnel Road
• 65,000 VPD on I-40 at the Exit
• Abundant parking