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Retail Space in New Hotel
For Lease
$38 SF/Yr

508 North College Street, Charlotte, NC 28202

Retail space available in a new Homewood Suites by Hilton.

Space SizeContact for details
Days on Market274

Property Features for 508 North College Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Charlotte
Listed By: Katherine Southard · License #313498
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 23 Last Checked: Aug 23 at 10:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Charlotte

Investment Insights

Based on property information with market context.

This retail space is situated on the first floor of a new, 211-room Homewood Suites by Hilton. The hotel provides amenities such as meeting space, a fitness center, and a business center, as well as the First Ward Social Bar + Kitchen. The property is located steps away from the 9th Street light rail station and adjacent to the 4.5-acre First Ward Park. It is also just minutes from The Market at 7th Street and the Spectrum Center. The space offers 4,000 square feet and is suitable for retail use.

Key Highlights

  • Located on the first floor of a brand‑new, 211‑room Homewood Suites by Hilton
  • Steps away from the 9th Street light rail station
  • Adjacent to the 4.5‑acre First Ward Park

Property Analytics

Current Use

Garage Storage Charlotte Storage Facility Lot 510 Parking Lot & Garage Homewood Suites by ... Hotel & Motel 1st Ward Social Bar & Pub

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,836
Businesses Nearby
161k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 81% Dining 12% Apparel 4% Shops & Services 3%
Charlotte Marriott City Center Hotels & Casinos
28,103 visits/mo 0.5 miles
Hyatt House Charlotte/Center City Hotels & Casinos
24,074 visits/mo 0.5 miles
Residence Inn by Marriott Charlotte Uptown Hotels & Casinos
17,703 visits/mo 0.4 miles
Hyatt Place Charlotte Downtown Hotels & Casinos
17,621 visits/mo 0.3 miles
Embassy Suites By Hilton Charlotte Uptown Hotels & Casinos
17,151 visits/mo 0.3 miles

Demographics for 28202, NC

16,447
Population
11,490
Households
1.4
Avg Household Size
31
Median Age
64%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
9,137
Density / Sq Mi
$101,711
Median Household Income
$67,683
Median Earnings
$1,862
Median Rent
$425,900
Median Home Value

Market

Lease Benchmarks for Charlotte, NC

$28.67 /SF/Yr
Avg Asking Price
$18.32–$55 /SF/Yr
Price Range
17,034 SF
Avg Space Size

This space is priced 33% above the average of $28.67 /SF/Yr.

Vacancy Rate% for Retail in Charlotte, NC

6.2% 2019
6.1% 2020
5% 2021
4.5% 2022
3.1% 2023
3.5% 2024
3.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in a new Homewood Suites by Hilton.
Where is this retail space located?
The property is located at 508 North College Street Charlotte, NC.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Located on the first floor of a brand‑new, 211‑room Homewood Suites by Hilton; Steps away from the 9th Street light rail station; Adjacent to the 4.5‑acre First Ward Park
More about this property
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