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Turnkey Commercial Building in Downtown AVL! 39 Banks Ave
635 - 5,159 SF of Retail Space Available in Asheville, NC 28801
Highlights
- Turnkey commercial building in the vibrant South Slope District of Downtown Asheville.
- 48 feet of prime road frontage, ample street parking, and a stunning 2,250 rooftop patio with a full bar.
- Walkable to Biltmore Avenue and the sites and sounds of Downtown Asheville.
- 5,159 SF turnkey property comes with all current equipment and inventory included.
- Dumbwaiter installed for efficient food and beverage transportation between floors.
- Easy access to I-26 and 240.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,524 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $126,672 /YR $10,556 /MO | Triple Net (NNN) | ||
| 2nd Floor | 635 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $17,780 /YR $1,482 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 5,159 SF of adjacent space
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 5,159 SF of adjacent space
- Central Air and Heating
- Kitchen
- Private Restrooms
- Freezer Space
- High Ceilings
- Common Parts WC Facilities
- Smoke Detector
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.
PROPERTY FACTS FOR 39 Banks Ave , Asheville, NC 28801
| Property Type | Retail | Year Built | 1928 |
| Property Subtype | Restaurant | Parking Ratio | 3.88/1,000 SF |
| Gross Leasable Area | 5,159 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,159 SF |
| Year Built | 1928 |
| Parking Ratio | 3.88/1,000 SF |
About the Property
Exceptional opportunity to lease a turnkey commercial building in the vibrant South Slope District of Downtown Asheville! Located directly across the street from James Beard Award winning Chai Pani and moments walk to Green Man Brewery, this 5,159 SF turnkey property comes with all current equipment and inventory included. Located in a bustling area known for its lively atmosphere and thriving brewing and culinary scene, the property boasts 48 feet of prime road frontage, ample street parking, and a stunning 2,250 rooftop patio with a full bar. Dumbwaiter installed for efficient food and beverage transportation between floors. Walkable to Biltmore Avenue and the sites and sounds of Downtown Asheville. Easy access to I-26 and 240. Please contact Listing Broker for showing requests.
Nearby Major Retailers
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Turnkey Commercial Building in Downtown AVL! | 39 Banks Ave
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