Skip to main content
Active

15 40 Peaks Center Lane

Asheville, NC 28805

Active 97 days on market Listing ID CAR 300628899

$8,800,000

Est. $50,584/mo See my rate

— Beds
— Baths
— Sq Ft
2019 Built
2.69 acres Retail Listed Apr 22, 2026 Updated Apr 22, 2026 HOA None

About This Home

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

Interior Details

Inclusions
  • Building
  • Land
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Sqftavailablemaximum
12020
Sqftavailableminimum
12020

Square Footage And Levels

Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Parking Lot

Lot And Land

Lot Size Acres
2.69
Lot Size Units
Acres

Waterfront And View

Waterfront Features
  • None

Utilities

Sewer
  • Public Sewer
Water Source
  • City

Financial Information

Citytaxespaidto
Asheville

Zoning And Restrictions

Zoningspecification
U P

Multi Unit Details

Number Of Buildings
2
Total Number Of Units
4

Listed by Jason Burk (828-674-2120) · Whitney Commercial Real Estate (828-665-9085)

Location

Address
15 40 Peaks Center Lane
City
Asheville, NC 28805
Get directions: Apple MapsGoogle Maps
Explore the area →
Canopy MLS

Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.

IDX information is provided exclusively for consumers’ personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement.

Based on information submitted to the MLS GRID as of Apr 22, 2026. 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. Properties may or may not be listed by the office/agent presenting the information.

Some IDX listings have been excluded from this website.

Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner.

Please send DMCA notices to: hello@palmettopark.com

Schedule a Tour

15 40 Peaks Center Lane, Asheville, NC, 28805

Step 1 of 2

Note: All times are Eastern Time (ET). Tours must be scheduled at least 2 hours in advance.

Time

Add a place