Sands Investment Group | SIG
  • Home
  • Listings
  • Product Types
    • All
    • Automotive
    • Convenience Store
    • Dollar Store
    • Drugstore
    • Early Education
    • Industrial
    • Medical
    • Multi-Family
    • Office
    • Owner-User
    • Restaurant
    • Retail
    • Self Storage
    • Shopping Centers
  • Results
    • Closings
    • Testimonials
  • About
    • About SIG
    • Meet the Team
    • The SIG Advantage
    • SIGives
    • Press
    • SIG Insider
    • FAQ
  • Contact
  • Careers
  • Search
  • Menu Menu
844.474.4666
info@SIGnnn.com

The Peaks NNN Multi-Tenant Strip Center North Carolina

The Peaks | Asheville, NC
Make an Offer
Investment Offering

Tenant: The Peaks | Asheville, NC
Premises: 7,590 SF
Renewal Options: 2 x 5 Years

Lease Expiration: Varies
Lease Type: NNN
Rental Increases: 10% Every 5 Years


Sands Investment Group is Pleased to Present Exclusively For Sale the Brand New Construction NNN Multi-Tenant Center Located in Asheville, North Carolina.

PRIDE OF OWNERSHIP OPPORTUNITY:

  • 100% Occupied Three Tenant Building With Triple Net (NNN) Leases – Minimal Landlord Responsibilities
  • All Tenants Benefit From 10 Year Leases Which Commenced in 2019 and Have Two (2) Five Year Term Extension Options
  • New Construction Building Completed in 2018
  • Growing NOI and Hedging Against Inflation With Attractive Rent Increases on All Three Leases
  • Personal Guarantee on Rise Southern Biscuits & Righteous Chicken Lease
  • Franchisee Guarantee on Blaze Pizza Lease
  • Passive Investment Ideal For Out-of-State Investors
  • Location Benefits From Dedicated Drive-Thru Providing Additional Customer Convenience and Opportunity to Increase Sales Revenue

DOMINANT MARKET POSITION:

  • The Peaks is a Newly Developed Retail Center With National Credit Tenants Including Chick-fil-A and Panera Bread
  • Neighboring Parcels Under Development For Future Retailers
  • High Profile Location Along Dense Growth (Residential and Retail) Corridor in Asheville, NC
  • Located Across From Asheville Mall (974,399 SF) With Select National Credit Tenants Including Dillard’s, JCPenney, Barnes & Noble, Old Navy, Belk, Ulta – Asheville Mall is Slated For Redevelopment
  • Strategic Positioning With Direct Access to the Newly Developed Asheville Market With National Credit Tenants Including Whole Foods, DSW Shoe Warehouse, Guitar Center and More
  • The Asheville Market Sees Over 10 Million Visitors Annually and Generates Over 2.5 Billon in Gross Revenue in Business Sales Each Year
  • Less Than 3-Miles From Biltmore Estate and Biltmore Village – Tourist Destination That Garners Over 1 Million Visitors Annually
  • 5-Miles From UNC Asheville Campus – Student Enrollment of Over 3,600 People

HIGH TRAFFIC LOCATION WITH STRONG VISIBILITY:

  • Ideally Positioned Along Tunnel Road With Visibility From I-240, Tunnel Road and S Tunnel Road
  • Tunnel Road Corridor is the Number 1 Retail Corridor in Western North Carolina
  • Three Signalized Intersections Surrounding Shopping Center Giving Multiple Points of Entry For Easy Ingress and Egress
  • Close Proximity to I-40 & I-240 Interchange
  • Prominent Signage Along Tunnel Road
  • Location Benefits From Additional Traffic From Proximity and Cross Access Easement to Additional National Retailers

DEMOGRAPHICS:

  • Located in the Principal City of Asheville MSA With a Population of 462,067 Residents
  • Population of 210,500 People Within a 10-Mile Radius and Over 92,900 People Within a 5-Mile Radius
  • Growing Trade Area – Population Within 3-Miles is Anticipated to Grow by 5.21% Over the Next 5 Years
  • Over 22,982 Vehicles Travel Along Tunnel Road Daily
  • Interchange of I-240 and Tunnel Road Sees Traffic Counts Exceed 82,332 Vehicles Daily
  • Affluent Demographics With Large Customer Base
  • Consumer Spending on Food and Restaurant Dining Exceeds $576,000 Annually Within a 10-Mile Radius of Panera
  • Forbes Listed Asheville Among the ”15 Coolest Places to Go” in 2018

In Cooperation With Sands Investment Group – North Carolina, LLC Lic. # 29362

View Similar Investment Opportunities

Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

Area Overview

The Peaks | Asheville, NC

15 Peaks Center Lane - Asheville, NC 28805

Contact Broker for Details

Status: Sold

The Peaks | Asheville, NC

Clifton McCrory

540.255.5496
clifton@SIGnnn.com

Chris Sands

310.870.3282
chris@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

Leverage our Platform
List with SIG

Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

Similar Listings of Interest

Stone Mountain Restaurant | Snellville, GA

Stone Mountain Restaurant | Snellville, GA

4200 Stone Mountain Highway - Snellville, GA 30039

Cap Rate: %
Available
$1,537,500
View Listing Download
Church’s Chicken | Columbia, SC

Church's Chicken | Columbia, SC

7116 Two Notch Road - Columbia, SC 29223

Cap Rate: 6.51%
Available
$830,000
View Listing Download
Chipotle | Evansville, IN (Green River)

Chipotle | Evansville, IN (Green River)

2801 N Green River Rd - Evansville, IN 47715

Cap Rate: 5.00%
Available
$2,980,000
View Listing Download
Chipotle | Evansville, IN (Burkhardt)

Chipotle | Evansville, IN (Burkhardt)

1310 Hirschland Rd - Evansville, IN 47715

Cap Rate: 5.00%
Available
$3,100,000
View Listing Download
Red Lobster | Victorville, CA

Red Lobster | Victorville, CA

12180 Amargosa Road - Victorville, CA 92392

Cap Rate: 6.00%
Available
$6,224,420
View Listing Download
Yoga Six & Dayton Children’s | Mason, OH

Yoga Six & Dayton Children's | Mason, OH

8805-8809 Wilkens Boulevard - Mason, OH 45040

Cap Rate: 6.00%
Available
$1,111,074
View Listing Download
Chick-fil-A | San Antonio, TX

Chick-fil-A | San Antonio, TX

5552 Northwest Loop 410 - San Antonio, TX 78238

Cap Rate: %
Available
$3,734,177
View Listing Download
Kimball Shopping Center | Memphis, TN

Kimball Shopping Center | Memphis, TN

2757 Kimball Avenue - Memphis, TN 38114

Cap Rate: 8.64%
Available
$1,100,000
View Listing Download
McDonald’s + Nail Salon | McDonough, GA

McDonald's + Nail Salon | McDonough, GA

5986-5990 East Lake Parkway - McDonough, GA 30253

Cap Rate: %
Available
$2,266,056
View Listing Download
SIG Influencer
Costar 2017
SC25
INC 5000
Reforum 2016
Costar 2016
Reforum 2015
Connect Media Top Broker 2019
Connect Media Woman
Connect Top Broker Award 2018
2021 Official Member Forbes Councils

Categories

  • Listings
  • NNN Property Types
  • Closings
  • Net Lease Insider
  • The SIG Advantage

Information

  • Press
  • Testimonials
  • Careers

Support

  • Contact
  • Frequently Asked Questions
  • Letter of Intent
  • SIGives
  • SIG Intranet

Contact

Phone: 844.474.4666
Fax: 844.328.5905
Email: info@SIGnnn.com
Instagram

LI

Accessibility

Copyright © 2022 SIGnnn.com - All Rights Reserved. Privacy Policy
  • Twitter
  • Facebook
  • LinkedIn
  • Instagram
  • Youtube
  • Listings
  • NNN Property Types
  • Closings
  • Net Lease Insider
  • The SIG Advantage

istanbul Escort escort bayan ankara izmir escort bayan escort bayan adana escort bayan antalya escort bayan bursa konya escort hayat escort

  • Home
  • Listings
  • Product Types
    • All
    • Automotive
    • Convenience Store
    • Dollar Store
    • Drugstore
    • Early Education
    • Industrial
    • Medical
    • Multi-Family
    • Office
    • Owner-User
    • Restaurant
    • Retail
    • Self Storage
    • Shopping Centers
  • Results
    • Closings
    • Testimonials
  • About
    • About SIG
    • Meet the Team
    • The SIG Advantage
    • SIGives
    • Press
    • SIG Insider
    • FAQ
  • Contact
  • Careers

Please complete form below to continue.

Login/Register to Download this file

Please complete form below to continue.

Scroll to top
Get Property Updates

By submitting your information and signing up for email updates, you agree to SIG Online Terms of Use