Commercial Property:

The city continues to see major commercial and residential developments. Much like other large-scale cities with financial industries, the city has seen a bit of gentrification in many of the city’s downtown areas, giving rise to an influx of business and entrepreneurship. Office space abounds in the area with prices that resemble much larger cities. It seems that the national average is steady in the realm of warehouse, office space, and retail storefronts. In a recent survey of commercial property vacancies in the greater Charlotte area yielded many results starting around $500 a month for small spaces, and upwards of $1,000 - $2,000 or $1 a square foot for much larger spaces with amenities that include free utilities, and many other options. Finding the correct Charlotte commercial property for your business can be a Big Pain, unless you use a tenant rep like Office Space Heaven who will help you for Free. Call us at 866-321-5542. We also service commercial property in Raleigh, Charleston, Atlanta, and Richmond. Some local areas in the Charlotte area that we have rentals are: Carmel Commons, Central, CHANTILLY, Concord, east village, Huntersville, mint hill, Matthews, Pineville, Stallings, Southpark, Statesville. The state income tax rate is 8.25% at the higher brackets, and 6% at the lower brackets, with a sales tax of around 8.25%.

Furnished - Unfurnished:

Don't forget to consider if you want a furnished office space unit, or an executive suite within a larger Charlotte commercial property - that you can furnish yourself? One rule of thumb about Charlotte commercial properties is that if you plan on renting a short term lease - like monthly or 6 month terms - then go with a furnished option. on the other hand if you plan on renting an office space for 12 months or longer, then you should try to buy furniture and maybe hire an interior designer to help you with the layout and flow.
The city of Charlotte has a great amount of residential properties to take advantage of for investment and living purposes. The median home price of the area is around $15300 and $259566 with fluctuations. While the real estate market in the area did take a dip, there is considerable growth projected in the near future, as the national economic picture starts to improve.

Politics / Climate:

The climate of Charlotte tends to be moderate, with distinct changes during all four seasons. During the summer temperatures reach to the upper 70’s and a maximum of around 90 degrees. The colder months are ushered in through fall and winter and can reach to freezing with limited snowfall. The annual rainfall is even throughout the year with an annual average of 43.5 inches.
The mayor of the city of Charlotte is Anthony Foxx and is a democrat. He is fairly new to politics, but has a wealth of experience in the city of Charlotte. He has an extensive education from Davidson College and a Law Degree from New York University School of Law. He was an attorney Hunton & Williams law firm for many years and was a law clerk for the United States 6th Circuit Court of Appeals before becoming the mayor of the city.

Charlotte Stats:

Charlotte is the largest city in the state of North Carolina. It is nicknamed, “The Queen City”, “The Hornet’s Nest”, and “Crown Town”. The city has a deep military history, and goes back to the Revolutionary War era. The estimated population of the city is 687,456 in the city center and upwards of 1.7 million in the greater metropolitan area. It is currently ranked 18th largest in the United States in terms of population (city center).
The city is a major center for finance, and is the second largest banking center in the United States. It is home to some of the largest companies in the nation. Some of the larger companies in the area include Bank of America, Duke Energy, Sonic Automotive, Family Dollar, Goodrich Corporation, and many other large companies. The area is rich with opportunity for people looking for vocations of all types. The unemployment rate of Charlotte is at around 13%, which is around double the national average.