15-40 Peaks Center Lane, Asheville, NC 28805

$8,800,000

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List Price
$8,800,000
MLS#
4372988
Status
ACTIVE
Property Type
Commercial Sale
Year Built
2019
Days on Market
97
Lot Size
117,176
Lot Size Area
2.69
County
Buncombe

Property Description

This 100% leased shopping center represents a stabilized investment opportunity with durable in-place income and minimal near-term leasing risk. The rent roll is comprised of a complementary mix of national brands and high-performing franchise operators, led by a top-tier franchisee of Panera Bread - with 8 years of term left, and a corporate Sleep Number location, providing a strong credit foundation. Moe's Southwest Grill recently executed a new 10-year lease, extending weighted average lease term and enhancing income security, while Blaze Pizza—operated by a seasoned franchisee—features a modern buildout with indoor/outdoor seating that supports strong unit-level performance. The property’s shared access and parking agreement with Chick-fil-A, one of the highest-volume quick-service brands in the U.S., generates consistent traffic flow and reinforces tenant sales productivity.

Additional Information

Water
City
Sewer
Public Sewer
Parking
Parking Lot
Driveway
Paved
Zoning
UP
Special Conditions
None

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Calculator source: Real Geeks

Listing courtesy of Whitney Commercial Real Estate. jburk@whitneycre.com

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