Charlotte, NC Retail Space for Lease
Search 181 retail listings in Charlotte, NC and find helpful local stats in the Market Overview section below.
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Charlotte asks $28.79 per square foot.
The most common type of lease agreement you’ll find here is NNN, with 12 space(s) available under this type of arrangement. The local market is also home to 7 retail space(s) offered under a Full Service lease agreement type, and 1 Modified Gross listing(s).
The average size for this type of rental opportunity in Charlotte is 1,000 sqft to 2,500 sqft. Currently, the local market offers 173 listing(s) within that size range. You can also search 83 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail space in Charlotte comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 30 such space(s) available.
Restaurant spaces listed for rent here have an average size of 2,761 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
The local market is also home to 6 space(s) listed as Street Retail. The average size you can expect to find for this category is 3,446 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.
What’s more, you can find 3 listing(s) in the Regional Mall category, currently available in the average size of 33,783 square feet. Regional shopping centers or regional malls are among the largest retail properties you can find. They tend to bring together a large number of customers with a wide array of businesses ready to cater to a diverse array of needs and interests.
Restaurant
30
Street Retail
6
Regional Mall
3
Restaurant
2,761 sq. ft.
Street Retail
3,446 sq. ft.
Regional Mall
33,783 sq. ft.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Uptown Charlotte is your top choice for lease opportunities, as it is currently home to the highest number of listings — 55 retail space(s).
Charlotte’s second most popular area is The South End, where you can find 31 retail listing(s). The most likely type of space you can rent here is Restaurant. If this is the kind of property you are looking for, you will find 12 listing(s) available here.
Elizabeth is also among the best areas to search for your next commercial space. Here you can find 20 retail space(s) available for consideration by prospective tenants.
Uptown Charlotte
55
The South End
31
Elizabeth
20
University City North
20
Ballantyne
13
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
The property last traded in 2020.
The investor previously paid about $38 million for the asset.
The asset previously traded last year for nearly $37 million.
Both properties are located in densely populated cities near residential and employment hubs.
The property is part of the city’s historic arts and entertainment district.
CommercialSearch collaborates with highly respected major brokerages nationwide to provide frequently updated high-quality listings. Find all commercial property types on our marketplace, from office, coworking, retail, and industrial to special purpose properties.
CommercialSearch is a trusted Yardi listing service and an essential element of the fast-growing CommercialEdge network, which ranks on the 1st page of Google for all top markets across its multiple platforms, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts yearly.