INDUSTRIAL SPACE FOR LEASE IN CHARLOTTE

Why implement your industrial space in Charlotte?

Charlotte boasts a robust market for industrial space for lease, catering to the diverse needs of businesses. With a strong and expanding economy, the city offers a wide range of options for industrial leasing, from warehouses and distribution centers to manufacturing facilities. The strategic location of Charlotte provides excellent connectivity to major transportation networks, including highways, railroads, and the Charlotte Douglas International Airport, facilitating efficient distribution and logistics operations.  

Moreover, the city's business-friendly environment and skilled workforce make it an attractive destination for companies looking to capitalize on its thriving market. Whether businesses require large-scale facilities or smaller industrial spaces, Charlotte provides a favorable landscape for leasing industrial properties, enabling companies to optimize their operations and fuel their growth in this dynamic business hub. 

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How much does it cost to rent an industrial space in Charlotte?

The cost of renting an industrial space in Charlotte can vary depending on factors such as location, size, condition, and specific amenities. Generally, industrial space rental rates in Charlotte range from $4 to $8 per square foot per year. Prime locations or specialized industrial spaces with unique features may command higher rental rates, while older or less desirable locations may offer more affordable options.

To read: our Charlotte MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

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Are industrial space rents likely to increase in Charlotte? 

Charlotte's industrial real estate market has experienced growth in recent years, driven by the city's expanding economy and logistics infrastructure. The demand for industrial space, particularly warehouses and distribution centers, has been strong, supported by e-commerce growth and increased supply chain needs. However, it's important to note that market conditions can change, and there are factors that can impact rental prices in either direction. 

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Popular neighborhoods in Charlotte

Charlotte offers several popular neighborhoods for leasing industrial space, each with its unique features and advantages. Here are a few notable neighborhoods known for their industrial activity: 

• West Charlotte: Located west of Uptown, this area is home to a significant concentration of industrial parks and distribution centers. Its proximity to major highways like I-85 and I-485 makes it convenient for transportation and logistics operations. 

• Steele Creek: Situated in the southwestern part of Charlotte, Steele Creek has become a prominent industrial hub. It offers a mix of industrial parks and manufacturing facilities, benefiting from its location near the Charlotte Douglas International Airport and major transportation corridors. 

• University City: Located in the northeast part of Charlotte, University City is home to the University of North Carolina at Charlotte and has witnessed substantial growth in recent years. It offers a range of industrial spaces, particularly suited for research and technology-driven industries. 

• South End: While primarily known for its vibrant residential and commercial scene, South End also features some industrial spaces. It offers a mix of warehouse-style buildings and adaptive reuse properties, catering to a variety of industrial and creative industries. 

• Northlake: Positioned in the northern part of Charlotte, Northlake has experienced significant development in recent years. It offers industrial parks and flex spaces suitable for manufacturing, distribution, and logistics operations. 

 

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Getting to and from Charlotte

Getting to and from Charlotte is convenient due to its well-connected transportation infrastructure. Here are the primary modes of transportation available: 

• Air Travel: Charlotte Douglas International Airport (CLT) is the main airport serving the city. It is one of the busiest airports in the United States and offers numerous domestic and international flights. Travelers can fly directly to Charlotte from various major cities worldwide. The airport is located about 7 miles west of Uptown Charlotte, and transportation options include taxis, rideshares, rental cars, and public transportation. 

• Roadways: Charlotte is easily accessible by car, as it is located at the intersection of several major highways. Interstate 85 and Interstate 77 intersect near the city, providing convenient routes for travelers coming from the north, south, east, or west. Additionally, other major highways, such as Interstate 485 and US Route 74, connect Charlotte to neighboring cities and regions. 

• Public Transportation: The Charlotte Area Transit System (CATS) operates an extensive network of buses and light rail trains throughout the city. The LYNX Blue Line is the city's light rail system, running from the southern part of Charlotte to Uptown and the University of North Carolina at Charlotte. Buses provide additional coverage to various neighborhoods and surrounding areas. 

• Amtrak: The Amtrak station in Charlotte, known as the Charlotte Station, is located in Uptown. It offers train services on the Crescent and Carolinian lines, providing connections to major cities along the East Coast. 

• Greyhound: The Greyhound bus station in Charlotte is situated in Uptown. Greyhound offers bus services to various destinations across the United States, making it an option for long-distance travel.