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Independence Promenade 5301-5323 E Independence Blvd 3,200 SF of Retail Space Available in Charlotte, NC 28212
Highlights
- Major traffic counts, automotive dealership corridor, nightlife and dining destination.
- Prime location between Hendrick Mercedes-Benz and Town & Country Ford.
- Renovated with exterior updates, full repaint, new pylon sign, and LED lighting.
- 99,241 SF shopping center on Independence Blvd.
- In one of Charlotte’s top automotive, retail, nightlife, and dining corridors, just 5 miles from Uptown.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste I | 3,200 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $70,400 /YR $5,867 /MO | Triple Net (NNN) |
5309 E Independence Blvd - 1st Floor - Ste I
Independence Promenade offers a premier retail location along East Independence Boulevard in Charlotte, NC. Situated between Hendrick Mercedes-Benz and Town & Country Ford, this center is positioned within one of the city’s most active automotive, retail, and dining corridors, just five miles from Uptown Charlotte. The property features one remaining space within a 99,241 SF shopping center that benefits from strong co-tenancy and high visibility. Extensive recent renovations include exterior updates, a full repaint, updated pylon signage, and new LED lighting to enhance curb appeal and tenant exposure. The property provides ample parking, easy ingress and egress, and prominent frontage on a heavily trafficked thoroughfare, delivering robust visibility to thousands of daily commuters. With proximity to established retailers, entertainment venues, and residential neighborhoods, Independence Promenade is perfectly suited for businesses seeking a high-traffic retail corridor and strong consumer demographics.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail 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.
Site Plan
Property Facts
| Total Space Available | 3,200 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 187,418 SF |
| Parking | 587 Spaces | Total Land Area | 15.39 AC |
| Stores | 18 | Year Built | 1987 |
| Center Properties | 4 |
| Total Space Available | 3,200 SF |
| Center Type | Neighborhood Center |
| Parking | 587 Spaces |
| Stores | 18 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 187,418 SF |
| Total Land Area | 15.39 AC |
| Year Built | 1987 |
Features and Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
Contact the Leasing Agent
Independence Promenade | 5301-5323 E Independence Blvd