Interstate-Adjacent Retail Shopping
For Sale
$8,800,000
15-40 Peaks Center Lane, Asheville, NC 28805
Interstate-adjacent retail shopping center with immediate visibility and high daily traffic counts from and in front of the property.
Property Size12,020 SF
Price / SF$732.11
Days on Market142
Property Features for 15-40 Peaks Center Lane
General Information
Standard status
Active
Size
12,020 SF
Property subtype
Commercial
Zoning
UP
Site & Location
Traffic Count
21,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2019
Buildings
2
Listed By:
Angela Abbatiello
(704) 622-8143
Source:
Myhawthornecommons.idxbroker
Added: Apr 22
Changed: Sep 8
Last Checked: Sep 10 at 5:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Angela Abbatiello
Investment Insights
Based on property information with market context.
This retail shopping center is positioned adjacent to the Asheville interstate beltway (I-240m), offering immediate access and visibility from the interstate. The property benefits from reported traffic volumes of 55,500 cars per day on the interstate, plus 21,000 cars per day in front of the property.
The trade area is described as the retail hub of Asheville, anchored by Asheville Mall and supported by global and national retailers including Target, Ross, TJ Maxx, Dick’s, Wal-Mart, and Lowe’s. The property is also noted as adjacent to Chick-fil-A and Whole Foods, which contribute to daily trips. Household density in the area is described as strong, and stated as the highest in the region. The property is located in Buncombe County.
The trade area is described as the retail hub of Asheville, anchored by Asheville Mall and supported by global and national retailers including Target, Ross, TJ Maxx, Dick’s, Wal-Mart, and Lowe’s. The property is also noted as adjacent to Chick-fil-A and Whole Foods, which contribute to daily trips. Household density in the area is described as strong, and stated as the highest in the region. The property is located in Buncombe County.
Key Highlights
- Retail shopping center built in 2019
- Immediate access and visibility from I‑240 (Asheville interstate beltway)
- Traffic counts: 55,500 cars per day on the interstate and 21,000 per day in front of the property
Property Analytics
Current Use
Lease Details
21,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28805, NC
18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Interstate-adjacent retail shopping center with immediate visibility and high daily traffic counts from and in front of the property.
Where is this shopping center located?
The property is located at 15-40 Peaks Center Lane Asheville, NC.
What is the asking price?
The asking price for this property is $8,800,000.
What are key features of this property?
This property features: Retail shopping center built in 2019; Immediate access and visibility from I‑240 (Asheville interstate beltway); Traffic counts: 55,500 cars per day on the interstate and 21,000 per day in front of the property
