FOR SUBLEASE | 3,444 SF | Charlotte NC — 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 176 days. Compare it against other retail listings for lease in Charlotte, NC — view the full market.
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: multiple brokerage reports, Q1 2026.
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 multiple brokerage reports.
- Is the Charlotte retail market tightening or softening?
- Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).
Contact
- Philip Corriher · +1 704 409 2371
- Broker 2 · 704-619-7108
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