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Retail Outparcels in Cornelius, NC
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Westmoreland Rd & W Catawba Ave, Cornelius, NC 28031

Outparcels and shop buildings available for lease in Cornelius.

Space SizeContact for details
Days on Market253

Property Features for Westmoreland Rd & W Catawba Ave

General Information

Standard status Active
Property subtype Land
Listing Agency: Atlantic Retail | Charlotte
Listed By: Robey Spratt
Source: Atlanticretail
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Aug 5 at 5:52AM

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 Atlantic Retail | Charlotte

Investment Insights

Based on property information with market context.

Two outparcels are available at the main entrances to Alexander Farms, along with four grocery-anchored shop buildings available for lease. The location is at Westmoreland Rd & W. Catawba Ave in Cornelius, NC. The site is strategically located to benefit from changing traffic patterns. Site plan is approved, with pad delivery expected in late summer 2020. Lidl is scheduled to open in spring 2022. The Cornelius & Lake Norman area has experienced over 1,000,000 square feet of light industrial and office growth, resulting in over 1,000 jobs and an investment of $200,000,000 in the area over the last year. The property is less than a mile from an upcoming 30-bed, 160,000 square foot Atrium Health Hospital. It is ideally situated in one of the most affluent trade areas in the Charlotte MSA.

Key Highlights

  • Located in an affluent trade area within the Charlotte MSA
  • Proximity to a planned 30‑bed, 160,000 SF Atrium Health Hospital (less than a mile)
  • Strategic location benefiting from changing traffic patterns in Cornelius

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,123
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 56% Dining 25% Shops & Services 16% Beauty & Spa 3%
Harris Teeter Groceries
20,825 visits/mo 0.3 miles
Famous Toastery Dining
6,821 visits/mo 0.5 miles
New York Butcher Shoppe Groceries
5,691 visits/mo 0.4 miles
Wells Fargo Shops & Services
4,814 visits/mo 0.5 miles
Ben & Jerry's Dining
3,780 visits/mo 0.4 miles

Demographics for 28031, NC

30,836
Population
14,194
Households
2.2
Avg Household Size
43
Median Age
61%
College-Educated
97%
High-School Grad
14.0 sq mi
ZIP Area
2,203
Density / Sq Mi
$115,746
Median Household Income
$65,377
Median Earnings
$1,587
Median Rent
$497,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Outparcels and shop buildings available for lease in Cornelius.
Where is this shopping center located?
The property is located at Westmoreland Rd & W Catawba Ave Cornelius, NC.
What are key features of this property?
This property features: Located in an affluent trade area within the Charlotte MSA; Proximity to a planned **30‑bed, 160,000 SF Atrium Health Hospital** (less than a mile); Strategic location benefiting from changing traffic patterns in Cornelius
More about this property
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