Find High-End Real Estate With Regent CRE in SouthPark
Just a few miles south of Uptown, Charlotte, you’ll find the beautiful suburban neighborhood of SouthPark, North Carolina.
This charming area is home to the SouthPark Mall, the supreme high-end shopping center in the greater Charlotte area.
With Class A offices, plenty of entertainment and recreation opportunities, and luxury shopping and dining options, residents and neighbors of SouthPark alike enjoy the affluence and many opportunities that this prime location in North Carolina provides.
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Experience SouthPark, North Carolina’s Class A Real Estate Opportunities
For many wealthier families and individuals who love the hustle and bustle of Uptown but prefer to escape to a more suburban neighborhood, SouthPark offers higher-end residential living opportunities and commercial properties. The local market of SouthPark tends to bring in nicer, Class A suburban office buildings as well as upscale retail opportunities and higher-end residential neighborhoods.
Many wealthier families also take advantage of the close proximity to the Charlotte Country Day School, one of the nicer private schools in the greater Charlotte area.
The prosperous neighborhood of SouthPark paired with the close proximity to the big city makes it an attractive place for business people to find a new location for their next office commercial space while also enjoying the many benefits that the neighborhood has to offer after work hours end.
Additionally, SouthPark is also just 10 miles from the Charlotte Douglas International Airport, one of the busiest airports in the world. This makes business travel easy for SouthPark residents who are working in local office spaces.
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The SouthPark Neighborhood
Once a 3000-acre dairy farm, the neighborhood of SouthPark has seen many development opportunities over the years. The dairy farm, which was bought in the 1920s, was owned by Governor Cameron Morrison. He called it Morrocroft. Over the years, the Morrison family sold parts of the land, and residential neighborhoods were built. Charlotte was really developed from the center out, and this neighborhood only 6 miles south of Uptown was transformed from pasture land to an affluent suburban community.
The prestigious SouthPark Mall, built in 1970, has continued to grow and evolve and is now home to over 150 stores and restaurants. It’s located at the corner of Fairview Road and Sharon Road and spans nearly 1.8 million square feet. This high-end shopping center is one of SouthPark’s major attractions, as patrons flock from nearby Charlotte cities to enjoy shopping and dining opportunities including Gucci, Kate Spade, Coach, Louis Vuitton, Macy’s, Crate & Barrel, and many more.
Beyond just the mall, though, there’s plenty more to do in this beautiful suburban community. Enjoy summer concerts by the Charlotte Symphony Orchestra at Symphony Park, get some exercise at the Harris YMCA, inspire your inner artist at Anne Neilson Fine Art or Noah’s Art, visit the SouthPark Regional Library, check out the new Restoration Hardware with rooftop dining, or take a bike ride on Backlot Trail.
And when you’re hungry, don’t forget to stop by one of SouthPark’s favorite restaurants like Dilworth Tasting Room, Village Tavern, The Original Pancake House, The Palm, and so many more.
Both families and individuals enjoy the many opportunities that the community of SouthPark offers. Whether you feel like a picnic in the park or a fancy date night, there are plenty of options to choose from among the diverse opportunities that SouthPark holds.
Investment Opportunities in SouthPark
The main investment opportunities in SouthPark are focused around the retailer side of the commercial real estate market. Many investors with an entrepreneurial spirit love the potential for high-income investment properties centered around this classy suburban city with higher levels of disposable income.
In addition, it’s common for franchisors to take advantage of the 1,500-2,000 square foot retail and restaurant spaces that are available in this ideal location.
Office buildings (including medical office buildings, business offices, and condos), multi-family buildings, retail strip centers, and mixed-use properties also offer lucrative investment opportunities in the south Charlotte neighborhood of SouthPark.
Whether you’re looking for your next office building to rent or lease or you have your eye on retail properties, our team at Regent understands the landscape of commercial properties in the SouthPark neighborhood. Our priority is to help you find a space that fits with your long-term investment goals and walk with you through every step of the process.
Office Space in the SouthPark Neighborhood of Charlotte
For available office space in SouthPark, you’ll find a lot of Class A buildings in more modern developments and large complexes, including Fairview Plaza III, an office hub on the south side of town. These choice offices aren’t the high-rise buildings you’ll find closer to the heart of the city – most tend to be less than 10 or 12 stories tall.
The upscale office opportunities in this suburban city attract many successful business people. If you’re planning to lease office space in SouthPark, you can expect to pay around $38/sf/yr.
Industrial Space in the SouthPark Neighborhood of Charlotte
Because this neighborhood is home to lots of the business people and affluent decision-makers of the community, industrial spaces are quite rare. The high-class shopping, wealthier neighborhoods, and busy bars and dining opportunities tend to push the blue-collar industries a bit further outside of the city.
Warehouse Space in the Charlotte Uptown Neighborhood
The bustling and prosperous business district of SouthPark means that warehouse space is another type of commercial real estate that isn’t common in this neighborhood. Instead, the suburban living spaces, shopping, dining, and office opportunities take precedence in this North Carolina suburb.
Flex Space in the SouthPark Neighborhood of Charlotte
No, you won’t find much at all for flex space here, either. For business people in this district, the mix of office and warehouse square feet that flex space offers just isn’t needed.
Retail Space in the SouthPark Neighborhood of Charlotte
Retail spaces are abundant in this area – both for sale and for lease. Many investors choose the high-end neighborhood of SouthPark to invest in franchises and retail strip centers. With the SouthPark mall anchoring the city’s shopping experiences, it only makes sense that retail investors want to take advantage of the flocks of shoppers that travel to SouthPark daily to enjoy the high-end shopping opportunities.
From boutiques and local shops to department stores to salons, outlets, dining, and so much more, the opportunities are boundless for retailers in this magnetic neighborhood. Lease rates for retail commercial real estate in SouthPark run at around $60/sf/yr.
Industrial Outdoor Storage (IOS) Space in the SouthPark Neighborhood of Charlotte
Although industrial outdoor storage (IOS) space is increasing in popularity in many parts of North and South Carolina, the zoning in SouthPark isn’t the right fit for this type of commercial real estate. Industrial outdoor storage space is generally characterized by a smaller building on a large lot – usually at least an acre. It only makes sense that this type of space would be further outside of the suburban, higher-end atmosphere that SouthPark offers.
Your Neighbors in SouthPark, NC
Businesses in SouthPark tend to be a mixture of corporate clients—such as Bank of America and Wells Fargo—and smaller, independent-type businesses. Here are some more local stores, restaurants, and neighbors that you’ll find near your new real estate home:
- Albemarle Corp Headquarters
- Coca-Cola Consolidated Headquarters
- SouthPark Mall
- Charlotte Country Day School
- Legion Brewing
- 131 Main
- Numerous hotels, including Hampton Inn, Hyatt Centric, and Hilton Garden
- Tryon Medical Partners
- Charlotte Mecklenburg Library
- American Girl Place Charlotte
- And many more
FAQs About the SouthPark Charlotte Neighborhood
Is SouthPark considered South Charlotte?
Yes, SouthPark is part of Charlotte. Located six miles south of Uptown, it's considered South Charlotte.
Is SouthPark its own city?
No, SouthPark is not its own city, but rather a neighborhood within Charlotte. The neighborhood actually gets its name from the SouthPark Mall, which was opened in 1970.
What is SouthPark Charlotte known for?
SouthPark is known for being home to the SouthPark Mall. This upscale shopping mall spans nearly 1.8 million square feet and is home to over 150 stores.
Although the mall originally opened in 1970, new stores continue to be added. The mall attracts over 12 million visitors per year.
What types of commercial real estate are available in SouthPark?
The most common types of commercial real estate in the SouthPark neighborhood are office and retail space. SouthPark is an upscale area that tends to attract affluent visitors. It’s an excellent place for opening a retail location.
It also has a number of modern office buildings and complexes that draw in wealthy business people.
Office space in SouthPark leases for around $38/sf/yr, while retail space is generally in the $60/sf/yr range.
Get Expert Commercial Real Estate Insight with Regent Commercial Real Estate
At Regent Commercial Real Estate, we take a personalized approach to your commercial real estate needs. From the initial market report through the negotiation, lease signing, and move-in process, we’re there every step of the way. Our dedication to your unique business goals means that we’re focused on more than just closing a sale or lease. Above and beyond simply finding and closing on properties, we take the time to get to know your plans and hopes for your commercial property goals and help you create a plan to achieve them.
With nearly 1000 sales and lease transactions closed in every corner of metro Charlotte, we provide valuable insights about the pros and cons of each Charlotte neighborhood, helping you to make an informed business choice. Our full-service commercial real estate services allow us to put your needs first no matter what your goals are for your next property. Whether you need buying, selling, investing, leasing, tenant representation, or property management expertise, we have the experience and knowledge to help you succeed.
Our prestigious CCIM and SIOR designations set us apart in the world of commercial real estate. These exclusive designations represent top-tier expertise, allowing us to give you the highest level of insight and knowledge through logistical considerations, complex contracts, negotiations, and more.
Tap into our network of resources to find your next NC home—whether in SouthPark or another one of Charlotte’s growing neighborhoods. With our comprehensive search database tools, web of real estate relationships, and passion for putting clients’ needs first, we’re here to help you succeed in your next commercial property endeavor.
Contact us today to find out how we can best serve you.
