15-40 Peaks Center Lane Aerial
15-40 Peaks Center Lane Parcel Outline
15-40 Peaks Center Aerial
15-40 Peaks Center Aerial
15-40 Peaks Center Aerial
15-40 Peaks Center Aerial
15-40 Peaks Center Aerial
15-40 Peaks Center Aerial
15-40 Peaks Center Aerial
40 Peaks Center Lane Exterior
40 Peaks Center Lane Exterior
Signage
15 Peaks Center Lane Exterior
15 Peaks Center Lane Exterior
15 Peaks Center Lane Exterior
15 Peaks Center Lane Exterior
15 Peaks Center Lane Exterior
Signage
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
N/A
Stories
1
Garage 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.