Three-Tenant Net-Leased Retail
For Sale
Contact for pricing
19116 W Catawba Ave, Cornelius, NC 28031
Newly constructed three-tenant building with landlord covering roof and structure; tenants pay CAM, taxes, and insurance.
Property SizeContact for details
Days on Market122
Property Features for 19116 W Catawba Ave
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Franklin Street Atlanta
(404) 842-1755
Listed By:
Bryan Belk
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 6:17PM
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 Franklin Street Atlanta
Investment Insights
Based on property information with market context.
Franklin Street presents a newly constructed three-tenant retail building in Cornelius, North Carolina. The property is occupied under long-term leases, including Dunkin’ Donuts and Penn Station East Coast Subs, both with 10-year lease terms that commenced at the end of 2015, plus Nekter with a new 10-year lease set to commence at the beginning of October. Under the lease structure described, the landlord’s only responsibility is for the roof and structure, while tenants are responsible for CAM, taxes, and insurance.
The site is located on the main thoroughfare in Cornelius, connecting the lake homes to the interstate. A newly developed Publix-anchored center is adjacent, and numerous other national retailers surround the property.
The site is located on the main thoroughfare in Cornelius, connecting the lake homes to the interstate. A newly developed Publix-anchored center is adjacent, and numerous other national retailers surround the property.
Key Highlights
- Newly constructed three‑tenant building in Cornelius, NC, located on a main thoroughfare connecting lake homes to the interstate
- Two tenants—Dunkin’ Donuts and Penn Station East Coast Subs—signed 10‑year leases that commenced at the end of 2015
- Nekter signed a new 10‑year lease commencing beginning October
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Hotels & Casinos 14%
El Toro
Dining
5,579 visits/mo
0.4 miles
Microtel Inn & Suites by Wyndham
Hotels & Casinos
896 visits/mo
0.3 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
Questions? Ask Rey
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Similar Off Market Nearby
- Lake Shore Marketplace — 19501 W Catawba Ave, Cornelius, NC 28031
- Peninsula Village — 19400 Jetton Rd, Cornelius, NC 28031
- The Shops At The Fresh Market — 20601 Torrence Chapel Rd, Cornelius, NC 28031
- Coinstar Kiosk | Bitcoin ATM — Harris Teeter, 19815 N Cove Rd, Cornelius, NC 28031
- Jetton Village Shoppes — 19809 N Cove Rd, Cornelius, NC 28031
Frequently Asked Questions
What type of property is this?
Shopping center - Newly constructed three-tenant building with landlord covering roof and structure; tenants pay CAM, taxes, and insurance.
Where is this shopping center located?
The property is located at 19116 W Catawba Ave Cornelius, NC.
What are key features of this property?
This property features: Newly constructed three‑tenant building in Cornelius, NC, located on a main thoroughfare connecting lake homes to the interstate; Two tenants—Dunkin’ Donuts and Penn Station East Coast Subs—signed 10‑year leases that commenced at the end of 2015; Nekter signed a new 10‑year lease commencing beginning October
