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Property profile & analytics
OFF-MARKET
Life science properties

20464-20488 Chartwell Center Dr Cornelius, NC 28031

92,049 SF Built 1989
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Life science properties
Year built 1989
Total area 92,049 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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