Iredell County
Charlotte - NC USA - Industrial Submarket
Industrial real estate intelligence for the Iredell County submarket. 40.2M SF of inventory with 10.2% vacancy. Data sourced from various MLS platforms.
40.2MSF
Inventory
3.9MSF
Available
10.2%
Vacancy
9.5%
Availability Rate
$8.92
Asking Rent
3.7%
Rent Growth
-695,259SF
12mo Absorption
390KSF
Under Construction
Market Metrics
12mo Delivered
660K SF
Under Constr % of Inv
1.0%%
Sale Price/SF
$94
Cap Rate
7.4%%
12mo Sales Volume
$82,098,850
Sales Vol Growth
-61.7%
Asset Value
$3,827,834,181
Net Absorption
-695,259 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 (10.2%) in Iredell County may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 390K SF indicates developer confidence in the submarket. Negative absorption of 695K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Charlotte - NC USA
Evaluating Iredell County 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.