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    20464-20488 Chartwell Center Dr Cornelius, NC 28031

    Sponsored
    For Lease
    $14 SF/Yr

    North Charlotte industrial space, 948-3712 sq ft.

    Lot size:
    92,049 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Lake Norman Commerce Center presents a rare opportunity in the supply-constrained North Charlotte/Lake Norman submarket. This Class B industrial property, totaling 92,049 square feet, comprises seven single-story buildings situated on Chartwell Center Drive in Mecklenburg County. The property offers flexible office/warehouse and pure office spaces, ideally suited for a variety of businesses. Units range in size from a minimum of 948 square feet to a maximum contiguous space of 3,712 square feet, with some units available up to 13,825 square feet. The property's convenient location offers easy access to Interstate 77 via Exit 28 (Catawba Avenue). Building features include dock-high and drive-in loading doors (availability varies by unit), and office suites boast abundant natural light. The property is situated within a professional business park environment, providing a desirable location for businesses seeking a high-quality space. Currently, 14,757 square feet of space is vacant, offering immediate occupancy options. The buildings were constructed in 1989 and feature 12-foot ceilings. Multiple tenants are currently occupying the property.

    Property Features for 20464-20488 Chartwell Center Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    92,049 SF
    Class
    B
    Total Rate
    107390.5

    Building Details

    Year Built
    1989
    Buildings
    7
    Stories
    1

    Unit(s) available at that property

    Space
    20472 L
    Size
    1,807 SF
    Rate per SF
    $14
    Space
    20464-A
    Size
    1,819 SF
    Rate per SF
    $14

    HighLights

    • 92,049 SF industrial flex/R&D property in Mecklenburg County's North Industrial submarket.
    • Seven single‑story buildings totaling 92,049 square feet, offering units ranging from 948 to 13,825 square feet.
    • Features dock‑high and drive‑in loading doors (unit‑specific).
    • Office suites boast abundant natural light.
    • Situated in a professional business park setting near I‑77, Exit 28.
    • Currently, 14,757 square feet of space is available; a rare opportunity in a tight market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.877463
    Latitude
    35.478542

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    FAQs

    What type of property is this?
    Life science property - North Charlotte industrial space, 948-3712 sq ft.
    Where is this life science property located?
    The property is located at 20464-20488 Chartwell Center Dr Cornelius, NC.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 92,049 SF industrial flex/R&D property in Mecklenburg County's North Industrial submarket.; Seven single-story buildings totaling 92,049 square feet, offering units ranging from 948 to 13,825 square feet.; Features dock-high and drive-in loading doors (unit-specific).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20464-20488 Chartwell Center Dr Cornelius, NC 28031
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