15-40 Peaks Center Lane Aerial - Asheville
15-40 Peaks Center Lane Parcel Outline - Asheville
15-40 Peaks Center Aerial - Asheville
15-40 Peaks Center Aerial - Asheville
15-40 Peaks Center Aerial - Asheville
15-40 Peaks Center Aerial - Asheville
15-40 Peaks Center Aerial - Asheville
15-40 Peaks Center Aerial - Asheville
15-40 Peaks Center Aerial - Asheville
40 Peaks Center Lane Exterior - Asheville
40 Peaks Center Lane Exterior - Asheville
Signage - Asheville
15 Peaks Center Lane Exterior - Asheville
15 Peaks Center Lane Exterior - Asheville
15 Peaks Center Lane Exterior - Asheville
15 Peaks Center Lane Exterior - Asheville
15 Peaks Center Lane Exterior - Asheville
Signage - Asheville
18 photos

$8,800,000

Asheville, NC 28805
Listed by Jason Burk · Whitney Commercial Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2019

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

MLS #
CAR4372988
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
April 22, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Haw Creek Elementary
1.34 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
355
Student:teacher ratio
11.8:1
District
Buncombe County Schools
Middle
Reynolds Middle
3.61 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
523
Student:teacher ratio
14.5:1
District
Buncombe County Schools
High
Early College
1.97 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Mortgage calculator

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Est. monthly payment
$53,145/mo
$1,760,000 down
$7,040,000 loan
Principal & interest$45,661
Property tax (est.)$7,333
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.