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Ground Lease at Wakefield 2625 Shelton Ave 2.2 Acres of Commercial Land for Lease in Statesville, NC 28677
HIGHLIGHTS
- Frontage & Access: ±1,080 FT of direct frontage on Shelton Avenue (Highway 21) at a future red-light intersection
- Road Improvements: Future NCDOT widening project along Shelton Avenue enhancing exposure and capacity
- Prime Location: Entrance to Wakefield Gateway, a ±53-acre master-planned mixed-use commercial development
- Flexible Format: Ideal for retail, dining, banking, medical, or service-oriented users seeking long-term exposure
LOT AVAILABLE
Display Rental Rate as
| Rental Rate |
|
Lot Size | 2.20 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 2.20 AC |
Positioned in Wakefield Gateway, this 2.2-acre parcel presents a rare opportunity for ground lease or build-to-suit development. The site includes an existing 768 SF single-story structure built in 1969, offering both immediate occupancy potential and redevelopment flexibility. Strategically located along HWY 21 (N. Main Street), the property benefits from steady traffic counts (8,000–9,500+ vehicles per day) and strong visibility in a corridor experiencing significant residential growth within walking distance. The property carries built-in stability while also being well-positioned for future retail, service, or neighborhood commercial uses.
PROPERTY OVERVIEW
Wakefield Gateway represents the future of northern Iredell County, where more than 53 acres of next-generation commercial development are transforming Statesville and Troutman into one of the region’s most dynamic growth corridors. This master-planned commercial village will feature curated retail, dining, and service-oriented spaces connected by walkable streets, green spaces, and community gathering areas. Designed with placemaking principles, Wakefield Gateway will serve thousands of new residents from neighborhoods such as Falls Cove, Serene Meadows, and Wallace Springs, creating a vibrant retail and lifestyle hub for the Charlotte metro area. Located at 2625 Shelton Avenue, this ±2.2-acre property offers exceptional visibility with over 1,080 feet of frontage along Highway 21 at the planned signalized intersection of Shelton Avenue and Frazier Loop—the main gateway into Wakefield Gateway. The site benefits from upcoming NCDOT road widening, ensuring improved accessibility, traffic flow, and long-term value for future tenants or developers. Perfectly positioned for ground lease or build-to-suit opportunities, the property is ideal for quick-service restaurants, national or regional retail brands, banking and financial services, convenience and fuel retailers, and urgent care or medical office uses. An existing 768 SF single-story structure, built in 1969, provides immediate utility or interim occupancy potential while redevelopment plans are finalized. Surrounded by rapidly growing residential communities and located just minutes from I-77, Troutman, and Lake Norman, 2625 Shelton Avenue captures the daily traffic flow between two of the region’s fastest-growing municipalities, making it a prime location for long-term success.
PROPERTY FACTS
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Ground Lease at Wakefield | 2625 Shelton Ave
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