Charlotte Industrial Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from CBRE, Lee Associates, Colliers, Cushman & Wakefield
Quarterly industrial market indicators for Charlotte, aggregated by PropZone from CBRE, Lee Associates, Colliers, Cushman & Wakefield. As of Q1 2026, average asking rent was — with a 7.3% vacancy rate.
Projected current industrial pricing — Charlotte
low confidenceProjected asking rent
$8.39/SF/yr
Estimated sale value
$77–$94/SF
Modeled 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 multiple brokerages data (cap rate 7.3%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 7.3% | — | — | CBRE |
| Q1 2026 | — | 9.4% | 5.3M SF | — | Lee Associates |
| Q1 2026 | — | — | 540K SF | — | Colliers |
| Q1 2026 | $8.39/SF | 8.4% | 0K SF | 0K SF | Cushman & Wakefield |
| Q4 2025 | $10.05/SF | 7.5% | — | — | CBRE |
| Q4 2025 | — | — | 0K SF | 0K SF | Cushman & Wakefield |
| Q3 2025 | — | — | 0K SF | 0K SF | Cushman & Wakefield |
| Q2 2025 | — | 3.7% | 0K SF | 0K SF | Cushman & Wakefield |
| Q1 2025 | — | 1.7% | 0K SF | 0K SF | Cushman & Wakefield |
| Q3 2023 | — | 5.4% | 892K SF | — | Cushman & Wakefield |
| Q3 2023 | — | 7.4% | 0K SF | — | Colliers |
| Q4 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2020 | — | 5.6% | 3.3M SF | — | Colliers |
| Q2 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2019 | — | 5.1% | 1.8M SF | — | Cushman & Wakefield |
| Q2 2017 | — | 3.9% | 2.3M SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for industrial space in Charlotte?
- PropZone aggregates industrial asking-rent data for Charlotte from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the industrial vacancy rate in Charlotte?
- The industrial vacancy rate in Charlotte was 7.3% as of Q1 2026 (CBRE).
- Where does PropZone's Charlotte market data come from?
- This report aggregates quarterly industrial market data for Charlotte from CBRE, Lee Associates, Colliers, Cushman & Wakefield.
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