15-40 Peaks Center LN, Asheville, NC 28805
15-40 Peaks Center LN, Asheville, NC 28805
15-40 Peaks Center LN, Asheville, NC 28805
15-40 Peaks Center LN, Asheville, NC 28805
15-40 Peaks Center LN, Asheville, NC 28805
15-40 Peaks Center LN, Asheville, NC 28805
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$ 8,800,000
Est. payment | /mo

2.69 Acres Lot


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$ 8,800,000
Est. payment | /mo
Save

2.69 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4372988

Year Built 2019

Lot Size 2.690 Acres

Acres 2.69

Property Sub-Type Retail

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.

Location

State NC

County Buncombe

Zoning UP

Interior

Inclusions Building, Land

Exterior

Waterfront Description None

Street Surface Paved

Building

Dwelling Type Site Built

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Special Listing Condition None

Listed by Jason Burk • Whitney Commercial Real Estate • jburk@whitneycre.com

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15-40 Peaks Center LN