Lowes Foods Signs 20-Year Lease at Terrell Town Center
Lowes Foods will anchor MPV Properties' Terrell Town Center in Sherrills Ford with a nearly 51,000 SF store under a 20-year lease.

Lowes Foods has signed a 20-year lease to anchor Terrell Town Center, a retail development at 9210 Sherrills Ford Road in Sherrills Ford. The lease, filed October 14, covers a nearly 51,000-square-foot store. MPV Properties is developing the project, with delivery expected in Q2 2028.

The Catawba County Board of Commissioners approved the rezoning December 15, 2025, in a 5-0 vote, removing 400 previously approved multifamily units. A development agreement between the county and MPV was approved alongside it. The rezoning covered about 15.6 acres of the roughly 65.75-acre site, which won original approval in 2020.

Plans call for retail and medical space from 1,200 to 12,000 square feet, delivering in Q2 2028. The site also includes a planned Chipotle and two additional parcels, plus green space and pedestrian pathways.

The center sits less than a mile east of the Publix at The Village Shoppes in Sherrills Ford.
- Address
- 9210 Sherrills Ford Road, Lake Norman of Catawba, NC 28682
- Units
- 0
- Sq ft
- 95,000
- Completion
- Jun 2028
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