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7101 Macfarlane Blvd N 4,647 - 23,092 SF of Retail Space Available in Charlotte, NC 28262
Highlights
- Approximately 89,600 SF on 8.51 acres with adaptable open layouts for varied uses.
- Located near the Lynx Blue Line and major retail nodes, including IKEA.
- Excellent visibility and access via I-85 and arterial connectors within University City.
- Originally built for pharmaceutical production; infrastructure supports specialized operations.
- I-1 zoning allows broad commercial and light industrial usage.
- Positioned within a high-growth market experiencing double-digit demographic expansion.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 5,145 SF | 5-10 Years | $48.30 CAD/SF/YR $4.02 CAD/SF/MO $248,485 CAD/YR $20,707 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C | 5,764 SF | 5-10 Years | $48.30 CAD/SF/YR $4.02 CAD/SF/MO $278,381 CAD/YR $23,198 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D | 4,647 SF | 5-10 Years | $48.30 CAD/SF/YR $4.02 CAD/SF/MO $224,434 CAD/YR $18,703 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste Mezzanine | 7,536 SF | 5-10 Years | $48.30 CAD/SF/YR $4.02 CAD/SF/MO $363,962 CAD/YR $30,330 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 23,092 SF of adjacent space
1st Floor, Ste C
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 23,092 SF of adjacent space
1st Floor, Ste D
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 23,092 SF of adjacent space
2nd Floor, Ste Mezzanine
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 23,092 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 23,092 SF | Gross Leasable Area | 95,232 SF |
| Property Type | Retail | Year Built | 1983 |
| Property Subtype | Freestanding | Parking Ratio | 1.47/1,000 SF |
| Total Space Available | 23,092 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 95,232 SF |
| Year Built | 1983 |
| Parking Ratio | 1.47/1,000 SF |
About the Property
Unlock an adaptable industrial property in the heart of Charlotte’s University City submarket at 7101 Macfarlane Blvd. Originally developed as a pharmaceutical manufacturing facility, the building today offers transformative potential for retail, entertainment, or specialized operational use through reimagined adaptive design concepts. Spanning nearly 90,000 square feet on an 8.51-acre site, this property offers extensive functionality with clear interior spans, robust infrastructure, and versatile configurations suitable for modern operational requirements. Positioned near some of the region’s leading commercial destinations, including IKEA and key University City amenities, the property benefits from strong demographics and rapid growth. U.S. Census estimates project population expansion of over 9% within a five-mile radius through 2030, underscoring retail and service demand. Accessibility is a clear differentiator at this site, with immediate proximity to Interstate 85 and less than 0.7 miles to the Lynx Blue Line’s University City Boulevard Station, ensuring a steady flow of employee and customer traffic. With I-1 zoning in place and a flood zone classification of B/X (low to moderate risk), this parcel provides flexibility and security for a wide range of uses. Future-oriented businesses seeking scale, visibility, and connectivity will find this property ideally suited for operational and growth objectives.
- Air Conditioning
Nearby Major Retailers
Presented by
Parks Companies
7101 Macfarlane Blvd N
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