Airport/West
Charlotte - NC USA - Industrial Submarket
Industrial real estate intelligence for the Airport/West submarket. 23.8M SF of inventory with 8.1% vacancy. Data sourced from various MLS platforms.
23.8MSF
Inventory
3.3MSF
Available
8.1%
Vacancy
13.4%
Availability Rate
$10.95
Asking Rent
2.8%
Rent Growth
1.5MSF
12mo Absorption
1.2MSF
Under Construction
Market Metrics
12mo Delivered
5K SF
Under Constr % of Inv
5.1%%
Sale Price/SF
$153
Cap Rate
7.0%%
12mo Sales Volume
$183,874,500
Sales Vol Growth
33.5%
Asset Value
$3,824,795,452
Net Absorption
+1.5M SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Charlotte - South | $24.7M | 66,666 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| Lumen Charlotte 4 | $4.6M | 19,200 | Netka LLC |
| SEGRA Kannapolis Data Center | $11.4M | 50,000 | Landmark Dividend |
| Coffey Creek Business Ctr | $20.9M | 52,926 | Mapletree US Management, LLC |
| SEGRA Kannapolis Data Center | $8.8M | 50,000 | Five 9s Digital |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Charlotte Data Center | 18,068 | $30.00 | - |
| Rock Hill Industries | 19,100 | $9.00 | Kenneth J Cartalemi |
Data Centre Development Potential
High vacancy (8.1%) in Airport/West may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 1.2M SF indicates developer confidence in the submarket. Positive net absorption of 1.5M SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Charlotte - NC USA
Evaluating Airport/West for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.