Charlotte Commercial Real Estate Market
Charlotte's commercial real estate market ranks among the most active in the Southeast, fueled by a metro population exceeding 2.7 million and sustained corporate relocations from higher-cost cities. The city's banking heritage — home to Bank of America and Truist headquarters — has created a deep pool of capital that flows into local CRE deals, keeping transaction velocity high even during periods of national uncertainty.
Industrial properties near Charlotte Douglas International Airport and along the I-77 and I-85 corridors remain the tightest asset class, with vacancy rates below 4% and rental rates climbing steadily. Retail along South End and NoDa benefits from walkability-driven demand, while suburban retail in Ballantyne and Steele Creek tracks population growth. Office faces headwinds from remote work trends, but Class A Uptown space with amenities continues to command premium rents.
For sellers, Charlotte's market fundamentals remain strong: population growth exceeds 2% annually, median household incomes are rising, and the city's diversified economy — spanning banking, healthcare, technology, and energy — insulates property values from single-industry risk. Properties priced accurately with clean financials typically attract multiple qualified offers within 60 to 90 days of listing.
Top Property Types in Charlotte
Industrial / Warehouse
Charlotte's industrial market is the tightest in the Carolinas. Warehouse and distribution space near the airport and I-77/I-85 interchange sees vacancy below 4%. E-commerce fulfillment, third-party logistics, and food distribution tenants drive consistent absorption. Cap rates for stabilized industrial assets range from 5.5% to 7.0%, with newer construction commanding premium pricing.
Retail (Strip Center)
Retail investment in Charlotte follows population density. South End, NoDa, and Plaza Midwood attract experiential retail and restaurant tenants willing to pay premium rents. Suburban centers in Ballantyne, Steele Creek, and University City benefit from rooftop growth. Grocery-anchored centers with national tenants remain the most sought-after retail asset class for investors.
Office
Charlotte's office market is bifurcated: Class A Uptown towers with modern amenities and walkable locations maintain strong occupancy, while older suburban office parks face elevated vacancy. Sellers of well-located, amenity-rich office properties can still achieve competitive pricing, particularly if the tenant base includes long-term leases with creditworthy occupants.
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Cap rates vary by property condition, tenant quality, lease terms, and location within the Charlotte metro. These ranges represent typical rates for stabilized properties.
Why Charlotte Property Owners Work With John Salony
Dual Expertise
Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.
No Wasted Time
Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.
Confidential Process
Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.
Success-Based Fee
You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.
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