Michelle Budd

NC & SC REALTOR®
License# 288939, 96528

15-40 Peaks Center Lane

Asheville, NC 28805

 $8,800,000

  • Open House
  • New Listing
  • Price Reduced
  • Virtual Open House
  • Virtual Tour
  • Sold
  • Active
  • Rental
  • 0 BedBeds
  • 0.0 BathBaths
  • SqftSqft
  • CAR4372988MLS#
  • CommercialType

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.

 

Property Details 15-40 Peaks Center Lane, Asheville, NC 28805

  • Status: Active
  • MLS#: CAR4372988
  • Property Type: Commercial
  • Property Sub Type: Retail
  • List Date: 04/22/2026
  • Year Built: 2019
  • County: Buncombe
  • Acres: 2.690

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