401 N Tryon St
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Very Low ConfidenceTransferred from peer market sacramento (similarity: 100%) with 3 comparable listings.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $2.25/SF/mo | — | peer_city_transfer |
| Utilities | — | 10.8¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1624/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Peer City Transfer | economic_similarity | 3 | — | real-time | sacramento (100%) |
Description
Commercial property listing from JLL. Property: 401 N Tryon St.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
As of Q1 2026, the Charlotte retail market showed a 5.5% vacancy rate, average asking rents near $24.76/SF/yr, and rents up 5.5% year over year. Source: Cushman & Wakefield Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 curated:CBRE US Cap Rate Surve data (cap rate 5.9%, asking rent held flat).
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Compare it against other retail listings for lease in Charlotte, NC to benchmark pricing and space — view the full market.
Retail market FAQ
- Is the Charlotte retail market tightening or softening?
- Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market sacramento (similarity: 100%) with 3 comparable listings.
Lease Rate & Market Trend
2024 – 2024 · county sold comps + market trendsFIPS 37119
- Avg Rent ($/SF/mo) (market data)
- Median $/SF (sold)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Sold Comps
Q3 2024Source: north_carolina_dor · County FIPS: 37119
Assumptions
- Market comparison: retail in Charlotte, NC
More Retail for Lease in Charlotte, NC(5)
8110 University City Blvd
charlotte, NC
Price on request
Cap Rate
N/A
Price/SF
80.0/sf
SF
N/A
401 N Tryon St
charlotte, NC
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
1120 W Sugar Creek Rd
charlotte, NC
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
South End Business Park
Clanton Rd Charlotte, NC
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Property in Unknown, XX
Lincolnton, NC
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Documents
Contact Broker
Danielle McGrath