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Historic Cotton Mill Office Suite
For Lease
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508 W 5th St, Charlotte, NC 28202

3,106 RSF office suite with exposed brick walls and tall ceilings in a restored 1895 cotton mill.

Property Size3,106 SF
Days on Market290

Property Features for 508 W 5th St

General Information

Standard status Active
Size 3,106 SF
Property subtype OFFICE
Lease Type SF/yr

Building Details

Year Built 1895
Listing Agency: New Branch Real Estate Advisors
Listed By: Isaac Nifong · License #295051
Source: Moodyscre
Added: Oct 14, 2025 Changed: Jul 26 Last Checked: Jul 30 at 1:15PM

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 New Branch Real Estate Advisors

Investment Insights

Based on property information with market context.

Available for lease within the historic Charlotte Cotton Mills at 508 W 5th St, this 3,106 RSF (2,655 USF) office suite has been recently renovated and features exposed brick walls and tall ceilings. The space is positioned for professional office use with the character of a restored 1895 cotton mill and the benefit of modern functionality.

The suite sits inside the Charlotte Cotton Mills complex, a restored historic property designed to blend heritage architecture with contemporary work environments. It is described as being surrounded by residential lofts, restaurants, and Uptown Charlotte amenities, offering a built-in mix of nearby day-to-day conveniences.

Key Highlights

  • 3,106 RSF (2,655 USF) office suite
  • Suite features exposed brick walls and tall ceilings
  • Located in a restored 1895 Charlotte Cotton Mills historic cotton mill

Property Analytics

Current Use

Houlihan Lokey Bank Benson TG Consultant Independent Mapping Consultants IT Consulting Firm GPI Geospatial, Inc. IT Consulting Firm Unity FI Solutions Business Service Center

Suggested Use

Top Pick Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Locksmith Pet Grooming Service

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,444
Businesses Nearby

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

$32.08 /SF/Yr
Avg Asking Price
$5.41–$259 /SF/Yr
Price Range
10,451 SF
Avg Space Size

Vacancy Rate% for Office in Charlotte, NC

10.2% 2019
13.1% 2020
17.5% 2021
17.7% 2022
22.8% 2023
24.6% 2024
24.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 3,106 RSF office suite with exposed brick walls and tall ceilings in a restored 1895 cotton mill.
Where is this office units located?
The property is located at 508 W 5th St Charlotte, NC.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: 3,106 RSF (2,655 USF) office suite; Suite features exposed brick walls and tall ceilings; Located in a restored 1895 Charlotte Cotton Mills historic cotton mill
(704) 451-9451 Call to check price and availability
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