20005 W Catawba Ave
Cornelius, NC 28031
Bank of America: Cornelius, NC · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 4,621-square-foot freestanding Bank of America branch situated on 1.09 acres in Cornelius, North Carolina. The property is ideally located with excellent frontage on the signalized hard corner of Catawba Avenue (Traffic Count: 27,000 VPD) and One Norman Drive, just 0.5 miles west of Interstate 77 (Traffic Count: 92,000 VPD), which provides direct access to Charlotte’s CBD (19 miles south). Bank of America is adjacent to a neighborhood center anchored by The Fresh Market, Stein Mart and across Catawba Avenue from a shopping center occupied by Starbucks, Planet Fitness, UPS Store, and McAlister’s Deli. Other major national retailers in the immediate vicinity include Publix, Harris Teeter, Walgreens, CVS, Rite Aid, Wells Fargo, Regions Bank, BB&T and Starbucks, among many others. In total there are more than 3.7 MSF of retail, 2.5 MSF of office, 1.7 MSF of industrial space and 4,355 multifamily units within a 3-mile radius. Additionally, the area benefits from dynamic demographics with a 3-mile population of 44,259 and average household income of $118,859. This investment offers investors an excellent opportunity to acquire a net leased asset leased on a long-term NNN basis to one of the nation’s premier banks.