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Mixed-Use

Lake Norman (Charlotte MSA) Irreplaceable Hard Corner Mixed-Use Opportunity

19721 Bethel Church Rd, Cornelius, NC 28031

Listing Price: $3,000,000

Cap Rate
6.25%
Gross SF
9,279
Rentable SF
9,279
Price/Gross SF
$323.31
Lot Size
0.51 acres
Year Built
2000

Investment Overview

The offering presents a rare opportunity for an investor, developer, or owner-user to acquire and reposition an irreplaceable mixed-use asset in the heart of Cornelius, along Lake Norman’s primary activity corridor.
The property is located at the signalized corner of Catawba Avenue and Bethel Church Road, within the core of Lake Norman’s primary business activity corridor. The site offers strong visibility, prominent frontage along both thoroughfares, and direct access to Interstate 77. Traffic counts exceed 26,000 vehicles per day on Catawba Avenue, with additional volume along Bethel Church Road, providing excellent exposure.
The building’s signature clock tower design establishes a recognizable identity, well suited for a flagship user or a curated tenant mix. The layout accommodates a range of uses, offering flexibility for owner-user occupancy, traditional leasing, or phased repositioning. The surrounding area is characterized by limited available land, above-average household incomes, and steady population growth, supporting long-term demand for retail, office, and mixed-use space.
Within the broader Charlotte market, fundamentals remain supported by limited new supply and steady absorption, reinforcing demand for well-located assets in established submarkets. The combination of location, visibility, and zoning flexibility provides multiple paths to value creation, including lease-up, tenant mix refinement, and longer-term redevelopment into a higher-intensity mixed-use project.

Investment Highlights

  • Located at the Signalized Corner of Catawba Avenue and Bethel Church Road Along Lake Norman's Primary Activity Corridor.
  • Irreplaceable Hard Corner Position Within a Supply-Constrained, High-Demand Submarket. Limited Availability of Comparable Corner Assets with Similar Visibility, Positioning, and Long-Term Upside.
  • Distinctive Two-Story Building with Signature Clock Tower Design Creating a Recognizable Landmark Presence.
  • Traffic Exposure Exceeding 26,000 Vehicles Per Day on Catawba Avenue, with Additional Volume Along Bethel Church Road.
  • Direct Access to Interstate 77 Providing Connectivity to the Greater Charlotte MSA.
  • Flexible Mixed-Use Positioning, Supported by Village Center Zoning, Enables a Broad Range of Potential Applications Including Retail, Office, Residential, and Civic Uses.
  • Existing Improvements Suitable for Owner-User Occupancy, Multi-Tenant Leasing, or Phased Repositioning. Opportunity for Assemblage with Adjacent Vacant Parcel for Expanded Footprint or Future Redevelopment.

Exclusively Listed By

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Financing By

Mixed-Use

Lake Norman (Charlotte MSA) Irreplaceable Hard Corner Mixed-Use Opportunity

Listing Price: $3,000,000

Cap Rate
6.25%
Gross SF
9,279
Rentable SF
9,279
Price/Gross SF
$323.31
Lot Size
0.51 acres
Year Built
2000

Investment Highlights

  • Located at the Signalized Corner of Catawba Avenue and Bethel Church Road Along Lake Norman's Primary Activity Corridor.
  • Irreplaceable Hard Corner Position Within a Supply-Constrained, High-Demand Submarket. Limited Availability of Comparable Corner Assets with Similar Visibility, Positioning, and Long-Term Upside.
  • Distinctive Two-Story Building with Signature Clock Tower Design Creating a Recognizable Landmark Presence.
  • Traffic Exposure Exceeding 26,000 Vehicles Per Day on Catawba Avenue, with Additional Volume Along Bethel Church Road.
  • Direct Access to Interstate 77 Providing Connectivity to the Greater Charlotte MSA.
  • Flexible Mixed-Use Positioning, Supported by Village Center Zoning, Enables a Broad Range of Potential Applications Including Retail, Office, Residential, and Civic Uses.
  • Existing Improvements Suitable for Owner-User Occupancy, Multi-Tenant Leasing, or Phased Repositioning. Opportunity for Assemblage with Adjacent Vacant Parcel for Expanded Footprint or Future Redevelopment.

Investment Overview

The offering presents a rare opportunity for an investor, developer, or owner-user to acquire and reposition an irreplaceable mixed-use asset in the heart of Cornelius, along Lake Norman’s primary activity corridor. The property is located at the signalized corner of Catawba Avenue and Bethel Church Road, within the core of Lake Norman’s primary business activity corridor. The site offers strong visibility, prominent frontage along both thoroughfares, and direct access to Interstate 77. Traffic counts exceed 26,000 vehicles per day on Catawba Avenue, with additional volume along Bethel Church Road, providing excellent exposure. The building’s signature clock tower design establishes a recognizable identity, well suited for a flagship user or a curated tenant mix. The layout accommodates a range of uses, offering flexibility for owner-user occupancy, traditional leasing, or phased repositioning. The surrounding area is characterized by limited available land, above-average household incomes, and steady population growth, supporting long-term demand for retail, office, and mixed-use space. Within the broader Charlotte market, fundamentals remain supported by limited new supply and steady absorption, reinforcing demand for well-located assets in established submarkets. The combination of location, visibility, and zoning flexibility provides multiple paths to value creation, including lease-up, tenant mix refinement, and longer-term redevelopment into a higher-intensity mixed-use project.

Exclusively Listed By

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

Financing By

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