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$8,800,000

For Sale

6 days ago

MLS® 4372988

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 6
Approx. Age 2019
MLS® Number 4372988

Property Address: 40-15-40 Peaks Center Ln, Asheville, NC, 28805-0093

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4372988
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2019
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$8,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
15-40 Peaks Center Ln, Asheville, NC

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