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Community Center in Cornelius Submarket
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20601 Torrence Chapel Rd, Cornelius, NC 28031

137,247 SF community center in desirable Cornelius submarket.

Space SizeContact for details
Days on Market268

Property Features for 20601 Torrence Chapel Rd

General Information

Standard status Active
Property subtype Shopping Center or Multi-Tenant Building
Listing Agency:
Listed By: Molly Prince Sarn
Source: Tscg
Added: Nov 25, 2025 Changed: Aug 17 Last Checked: Aug 20 at 5:47AM

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 Molly Prince Sarn

Investment Insights

Based on property information with market context.

This 137,247 square foot community center is situated in the highly desirable Cornelius submarket. The location serves the high-income Lake Norman communities in North Mecklenburg County. The average household income within a 3-mile radius of the shopping center is $182,190. Anchors include The Fresh Market, Total Wine, and HOMESENSE.

Key Highlights

  • Located in the highly desirable Cornelius submarket.
  • Anchored by The Fresh Market, Total Wine, and HOMESENSE.
  • Services high‑income Lake Norman communities.

Property Analytics

Current Use

Sweet Cakes Bakery Bakery CYCLEBAR Gym & Fitness Center Amazon Hub Locker ... Postal Service Organic Bronze Bar ... Tanning Salon The Shops At The Fresh Market Shopping Center & Mall

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Parking Lot & Garage Computer & Electronic Repair Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,330
Businesses Nearby
6k
Monthly Visits Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping mall - 137,247 SF community center in desirable Cornelius submarket.
Where is this shopping mall located?
The property is located at 20601 Torrence Chapel Rd Cornelius, NC.
What are key features of this property?
This property features: Located in the highly desirable Cornelius submarket.; Anchored by The Fresh Market, Total Wine, and HOMESENSE.; Services high‑income Lake Norman communities.
More about this property
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