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1159 Commercial Ave, Charlotte, NC 28205

Prime location suitable for office, retail, or service industry.

Space Size1,000 SF - 1,200 SF
Property Size13,829 SF
Days on Market1289

Property Features for 1159 Commercial Ave

General Information

Standard status Active
Size 1,000 SF - 1,200 SF
Class B
Property subtype Retail, Office
Lease Type Gross

Building Details

Building Size 13,829 SF
Tenancy Multiple

Spaces For Lease

at 1159 Commercial Ave Contact us

1165 Commercial Ave Active

Size 1,000 SF
Contact us

1167 Commercial Ave Active

Size 1,200 SF
Contact us
Listing Agency: The Providence Group
Listed By: Eric Howell · License #NC, SC
Source: Crexi
Added: Mar 31, 2023 Changed: Oct 5 Last Checked: Oct 7 at 10:52AM

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 The Providence Group

Investment Insights

Based on property information with market context.

This commercial space is suitable for conventional office, retail, or service industry use. Select units have been recently renovated and are ready for immediate occupancy. The property is located at 1159 Commercial Ave, Charlotte, NC 28205.

Key Highlights

  • Prime location ideal for office, retail, or service industry ventures.
  • Select units recently renovated offering modern appeal.
  • Ready for immediate occupancy, streamlining your business setup.

Property Analytics

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Current Use

Office Spaces

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office HVAC 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28205, NC

49,600
Population
24,605
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
86%
High-School Grad
11.8 sq mi
ZIP Area
4,203
Density / Sq Mi
$72,479
Median Household Income
$49,340
Median Earnings
$1,376
Median Rent
$410,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Charlotte, NC

$25.95 /SF/Yr
Avg Asking Price
$3.29–$55 /SF/Yr
Price Range
28,582 SF
Avg Space Size

This space is priced 42% below the average of $25.95 /SF/Yr.

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
Rey
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Similar Off Market Nearby

  • New York Wireless dba New York Wireless — 1415 Eastway Dr, Charlotte, NC 28205
  • KeyMe Locksmiths — 1437 e sugar creek rd, charlotte, nc 28205
  • – Best MK, LLC — 1104 Commercial Ave, Charlotte, NC 28205
  • Wright Computer Service — 4430 The Plaza, Charlotte, NC 28215
  • Flourish Computer — 154 bingham dr, charlotte, nc 28213

Frequently Asked Questions

What type of property is this?
Office space - Prime location suitable for office, retail, or service industry.
Where is this office space located?
The property is located at 1159 Commercial Ave Charlotte, NC.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location ideal for office, retail, or service industry ventures.; Select units recently renovated offering modern appeal.; Ready for immediate occupancy, streamlining your business setup.
More about this property
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