Retail Business for Lease in Charlotte, NC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Charlotte, NC 28269

Description

Retail | For Sublease: 3,444 SF 5024 Sunset Road is a former Hardee’s restaurant located in a highly visible and accessible area of Charlotte, NC. The property sits on approximately 0.922 acres and includes a 3,444 SF freestan Key Facts Features Square Footage: 3,444 SF Acreage: 0.922 AC Former Hardees There is just under 7 years remaining on the current term. April 2nd 2032 Lease expiration. Rent is $117,417 per year with a 10% increase in 2027. Square Footage: 3,444 SF Acreage: 0.922 AC Former Hardees There is just under 7 years remaining on the current term. April 2nd 2032 Lease expiration. Rent is $117,417 per year with a 10% increase in 2027. Acreage: 0.922 AC Philip Corriher Senior Vice President | Retail Charlotte License #: 224404 +1 704 409 2371 Call Now +1 704 409 2371 704-619-7108 Call Mobile 704-619-7108 License #: 224404

Market Context

This retail in Charlotte, NC is listed for lease. It has been on the market for 127 days. Compare it against other retail listings for lease in Charlotte, NC — <a href="/search/lease/retail/north-carolina/charlotte">view the full market</a>.

As of Q1 2026, the Charlotte retail market showed a 5.5% vacancy rate, average asking rents near $24.76/SF/yr, rents up 5.5% year over year, and cap rates around 5.9%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Charlotte?
About 5.9% as of Q1 2026, per Consensus.
Is the Charlotte retail market tightening or softening?
Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).

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