Population
924,000
Growth (5Y)
+11.8%
Median Income
$68,000
Metro GDP
$248B
Market Overview
Charlotte is the financial capital of the Southeast and a top-tier NNN investment market. Home to Bank of America and Truist Financial's headquarters and the regional hub for Wells Fargo, the city has one of the highest concentrations of financial services workers outside New York. This high-income base drives strong retail performance across all NNN categories. North Carolina's 2.5% flat corporate tax rate — the lowest in the nation — continues to draw new corporate investment, supporting population growth and NNN demand.
Key Highlights
Second largest banking center in the US after New York City
Low corporate tax rate (2.5% — nation's lowest flat corporate rate) drives business growth
Raleigh-Charlotte corridor is one of the fastest-growing tech corridors in the nation
Inland port and logistics infrastructure supports distribution-heavy corporate presence
Why Invest in Charlotte
- 1Nation's largest banking hub outside NYC provides high-income consumer base
- 2Lowest flat corporate tax rate in the nation (2.5%) drives continued corporate investment
- 3Strong University presence (UNC Charlotte, Queens) supports long-term population anchors
- 4Fast-growing suburban ring with land available for new NNN ground-up development
Recent NNN Activity
"Charlotte NNN market posted $540M in single-tenant transactions in 2024. The South End, Ballantyne, and Huntersville corridors were the most active for new development. Banking-adjacent service tenants (FedEx, UPS Stores) showed strong buyer demand."
NNN Snapshot
Cap Rate Range
5% - 6.5%
Price Range
$1.5M - $4.8M
Avg Lease Term
13 Years
Unemployment Rate
3.6%
Active NNN Tenants
McDonald'sDollar GeneralCVSAutoZoneBojanglesChick-fil-AWalgreens
Major Employers
Bank of AmericaWells FargoTruist FinancialDuke EnergyAtrium HealthLowe's
Find NNN Properties in Charlotte
Our advisors have exclusive, off-market NNN inventory in the Charlotte market right now. Contact us to see what's available before it hits the public market.