Charlotte Retail Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from CBRE US Cap Rate Surve, Cushman & Wakefield, Colliers
Quarterly retail market indicators for Charlotte, aggregated by PropZone from CBRE US Cap Rate Surve, Cushman & Wakefield, Colliers. As of Q1 2026, average asking rent was $24.76/SF with a 5.5% vacancy rate.
Projected current retail pricing — Charlotte
low confidenceProjected asking rent
$24.76/SF/yr
Estimated sale value
$259–$326/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 CBRE US Cap Rate Surve data (cap rate 5.9%, asking rent held flat). Assumes ~95% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $24.76/SF | 5.5% | — | — | CBRE US Cap Rate Surve |
| Q1 2026 | $24.76/SF | 5.5% | 5.9M SF | — | Cushman & Wakefield |
| Q3 2020 | $22.31/SF | 2.5% | 221K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for retail space in Charlotte?
- As of Q1 2026, the average asking rent for retail space in Charlotte was $24.76/SF, per CBRE US Cap Rate Surve.
- What is the retail vacancy rate in Charlotte?
- The retail vacancy rate in Charlotte was 5.5% as of Q1 2026 (CBRE US Cap Rate Surve).
- Where does PropZone's Charlotte market data come from?
- This report aggregates quarterly retail market data for Charlotte from CBRE US Cap Rate Surve, Cushman & Wakefield, Colliers.
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