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Merrimon Commons 348-360 Merrimon Ave 4,320 SF of Retail Space Available in Asheville, NC 28801
HIGHLIGHTS
- Heavy daytime traffic - Walkable Location with Parking
- Ample parking behind the building
- Located right on Merrimon Avenue close to downtown Asheville
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3, 4 & 5 | 4,320 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $11,880 /MO $142,560 /YR | Triple Net (NNN) |
354-360 Merrimon Ave - 1st Floor - Ste 3, 4 & 5
Excellent Space now available in Prominent Merrimon Avenue Retail Center at 354 Merrimon Ave. 4,320/sf space will become available on 4/15/2025. Former Massage Envy space will become available in mid-April. Very nicely decorated with tons of parking in the lot directly behind this center. A must see space. Call the broker to schedule viewings. 3 units being leased.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
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 MERRIMON COMMONS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- BadHappy Poutine
- Restaurant
- 1
- -
- Me-Avl2 Inc
- Services
- 1
- -
- Moe's Southwest Grill
- Fast-food
- 840
- National
- Rhodo LLC
- Retailer
- 1
- -
- Sport Clips, Inc
- Salon/Barber/Spa
- 2,992
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| BadHappy Poutine | Restaurant | 1 | - |
| Me-Avl2 Inc | Services | 1 | - |
| Moe's Southwest Grill | Fast-food | 840 | National |
| Rhodo LLC | Retailer | 1 | - |
| Sport Clips, Inc | Salon/Barber/Spa | 2,992 | International |
PROPERTY FACTS
| Total Space Available | 4,320 SF | Center Properties | 2 |
| Center Type | Strip Center | Gross Leasable Area | 13,490 SF |
| Parking | 170 Spaces | Total Land Area | 3.00 AC |
| Stores | 1 | Year Built | 2014 |
| Total Space Available | 4,320 SF |
| Center Type | Strip Center |
| Parking | 170 Spaces |
| Stores | 1 |
| Center Properties | 2 |
| Gross Leasable Area | 13,490 SF |
| Total Land Area | 3.00 AC |
| Year Built | 2014 |
ABOUT THE PROPERTY
Excellent Space now available in Prominent Merrimon Avenue Retail Center at 354 Merrimon Ave. Former Massage Envy space is 4,320/sf and includes units 3, 4 & 5. Very nicely decorated with tons of parking in the lot directly behind this center. A must see space. Call the broker to schedule viewings. 3 units being leased.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Merrimon Avenue | Hillside St, S | 22,072 | 2025 | 0.22 mi |
| Merrimon Ave | Hillside St, S | 21,987 | 2023 | 0.24 mi |
| W T Weaver Boulevard | Merrimon Ave, E | 8,110 | 2025 | 0.30 mi |
| Merrimon Avenue | W T Weaver Blvd, S | 20,565 | 2025 | 0.33 mi |
| US 25 | W T Weaver Blvd, S | 19,875 | 2024 | 0.33 mi |
| Merrimon Ave | W T Weaver Blvd, S | 20,365 | 2023 | 0.33 mi |
| Murdock Avenue | Gertrude Pl, E | 1,902 | 2025 | 0.38 mi |
| Broadway St | Cauble St, S | 8,953 | 2025 | 0.49 mi |
| Broadway Street | North St, N | 9,511 | 2025 | 0.50 mi |
| Merrimon Avenue | Broad St, N | 22,550 | 2025 | 0.50 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
DJI_0067-A
Multi Low Angle - A
Parking Area
Rear Long Shot