Listing by: Jason Burk, Whitney Commercial Real Estate, jburk@whitneycre.com

0 Beds

n/a Full bath

n/aSqFt

Active

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.

Property Details
Price $8,800,000
Lot Size Area 2.69
Lot Size Area Units Acres
Property Type Commercial
Sub type Retail
MLS Sub type Retail
Stories 1
Year Built 2019
Parking Description Parking Lot
Geographic Data
Directions The property is adjacent to I-240m, the interstate beltway around Asheville. It has immediate access and visibility from the interstate with 55,500 cars per day on the interstate and 21,000 per day in front of the property. The trade area is the retail hub of Asheville, with the Asheville Mall and global retailers like Target, Ross, TJ Maxx, Dick's, Wal-Mart and Lowes. Not to mention the adjacent Chic-Fil-A and Whole Foods which drive significant daily trips. Household density is strong in this area, the highest in the region.
County Buncombe
Latitude 35.58400979
Longitude -82.52513163
Address Information
Address 15-40 Peaks Center Lane, Asheville, NC 28805
Postal Code 28805
City Asheville
State NC
Country United States
Listing Information
Listing Office Whitney Commercial Real Estate
Listing Office Phone 828-665-9085
Listing Agent Jason Burk
Listing Agent Phone 828-674-2120
Attribution Contact jburk@whitneycre.com
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
MLS Information
Days on market 0
MLS Status Active
Listing Date Apr 22, 2026
Listing Last Modified Apr 22, 2026
Tax ID 9658-26-1012-00000
MLS # CAR4372988

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Listings courtesy of Canopy MLS as distributed by MLS GRID.

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