State Line
Charlotte - NC USA - Industrial Submarket
Industrial real estate intelligence for the State Line submarket. 57.6M SF of inventory with 8.9% vacancy. Data sourced from various MLS platforms.
57.6MSF
Inventory
6.9MSF
Available
8.9%
Vacancy
11.8%
Availability Rate
$10.74
Asking Rent
2.5%
Rent Growth
-344,502SF
12mo Absorption
872KSF
Under Construction
Market Metrics
12mo Delivered
525K SF
Under Constr % of Inv
1.5%%
Sale Price/SF
$141
Cap Rate
6.9%%
12mo Sales Volume
$904,836,390
Sales Vol Growth
149.9%
Asset Value
$8,233,642,389
Net Absorption
-344,502 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 |
| Quincy III | - | 452,300 | H5 Data Centers |
| Quincy II | - | 165,513 | H5 Data Centers |
| Lumen Charlotte 4 | $4.6M | 19,200 | Netka LLC |
| SEGRA Kannapolis Data Center | $11.4M | 50,000 | Landmark Dividend |
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 (8.9%) in State Line may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 872K SF indicates developer confidence in the submarket. Negative absorption of 345K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Charlotte - NC USA
Evaluating State Line 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.