15-40 Peaks Center Lane, Asheville, NC 28805

$8,800,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

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

List Price
$8,800,000
MLS#
4372988
Status
ACTIVE
Days on Market
101
Property Type
Commercial Sale
Year Built
2019
Lot Size
117,176
Lot Size Area
2.69
County
Buncombe
Special Conditions
None
Waterfront Features
None

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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: