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. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

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

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks6
Schools3
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 0 days -- 127 fewer days than Asheville's current average of 127 days.
For reference, the median list price across 1,243 active listings in Asheville right now is $505,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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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.