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 Pizzaoperated by a seasoned franchiseefeatures 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.
| MLS # | 4372988 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2019 |
| Days On Site | 143 |
| Listing Provided By | Whitney Commercial Real Estate | Jason Burk |
| Story(s) | 1 |
|---|---|
| Units | 4 |
| Building(s) | 2 |
| Zoning | UP |
| Acreage | 2.69 |
| Water Front | Yes |
| Parking Features | Parking Lot |
|---|
| List Aor | Land of The Sky Association of Realtors |
|---|
| Property | 5154600 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28805 |
| Area | Buncombe |
| Listing VS Median (in 28805) | |
Price: $8,800,000 low | high Med: $527,450 On site: 143 low | high Med: 110.5 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28805 |
| Area | Buncombe |
| Listing VS Median (in 28805) | |
Price: $8,800,000 low | high Med: $527,450 On site: 143 low | high Med: 110.5 | |