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For Sale

Peaks Center Lane

Peaks Center Lane,
Asheville, NC 28805
Represented by
Whitney Commercial Real Estate Services

Asset Snapshot

Power Center
Retail Subtype
2019
Year Built
2
Building Count
2.69 Acres
Land Area

Offering Summary

Investment Overview

Stabilized, Cash-Flowing Retail Asset with National Tenancy 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.


Investment Highlights

  • 100% leased with no vacancy exposure
  • Strong WALT supported by recent long-term lease execution
  • National and franchise tenant mix with proven operators
  • E-commerce resistant, daily-needs retail profile
  • Synergistic co-tenancy driving consistent foot traffic
  • Built in 2019, modern center

How it Works

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Listing Syndicated From

Buildout
For Sale
$8,800,000
Asking Price

Investment Sales Broker

Jason Burk, CCIM
Whitney Commercial Real Estate Services