Cotswold, NC Commercial Real Estate - Retail & Office Space
Cotswold Commercial Real Estate
Randolph Rd & Sharon Amity Rd
260,000 SF Cotswold Village
Neighborhood Medical Clinics
Description
Cotswold is a neighborhood in southeast Charlotte, not a separate town, so commercial zoning follows the City of Charlotte's Unified Development Ordinance, effective June 1, 2023. Its major thoroughfares are Providence Road, Randolph Road and Sharon Amity Road. The neighborhood's commercial center is Cotswold Village at Randolph and Sharon Amity, which opened in 1963 as Cotswold Mall and was converted to an open-air shopping center in the early 2000s. Novant Health clinics on Randolph Road and Greenwich Road round out a market built on neighborhood retail and outpatient medical space rather than corporate offices or industrial buildings.
Commercial Real Estate Market Trends
Brokerages don't publish a separate report for Cotswold, so the most useful data comes from Cotswold Village itself. In October 2023, Asana Partners bought the center from SITE Centers for $110.4 million; at the time, Connect CRE reported it was 97.5% occupied by over 30 retailers. The new owner planned improvements to outdoor gathering areas and building facades, and Charlotte Sights reported incoming tenants including Capital Tacos, Crumbl Cookies, Kidstrong and Rumble. The owner entity, AP Cotswold Village, L.P., has also filed City of Charlotte rezoning petition 2024-030.
Commute & Logistics
Cotswold is served by surface arterials rather than an interstate: Providence Road, Randolph Road and Sharon Amity Road are its major thoroughfares, and Randolph Road runs toward Center City. For a storefront or clinic, the practical questions are turning access, parking and visibility around the Randolph and Sharon Amity intersection rather than highway exposure.
Business Climate & Economy
Cotswold has no chamber of its own; businesses here are served by the Charlotte Regional Business Alliance. Employment in the neighborhood's commercial area centers on health care and retail rather than a corporate campus: Novant Health Orthopedics & Sports Medicine – Cotswold occupies suites at 4741 Randolph Road, Novant Health Cotswold Medical Clinic, a family doctor clinic, is at 200 Greenwich Road, and Harris Teeter remains the only original anchor from the Cotswold Mall era at Cotswold Village.
Key Commercial Nodes
Cotswold's commercial activity is compact and centered on the Randolph Road and Sharon Amity Road intersection:
- Cotswold Village — open-air shopping center at Randolph and Sharon Amity
- Harris Teeter at Cotswold Village — grocery anchor
- Novant Health Orthopedics & Sports Medicine – Cotswold — medical office on Randolph Road
- Novant Health Cotswold Medical Clinic — family doctor clinic on Greenwich Road
Leasing & Purchasing in Cotswold
Because Cotswold is inside Charlotte, the zoning check runs through the City of Charlotte's Unified Development Ordinance, and I confirm that a medical, fitness or food use is allowed on the specific parcel before we negotiate. The largest retail property, Cotswold Village, is marketed by Thrift Commercial on behalf of its owner, so terms follow that landlord's lease form and center rules. I also check the status of the owner's 2024 rezoning petition, so you know what could change around a space before committing to a long lease. I'm Yubeen Choi, a bilingual English/Korean commercial broker with eXp Realty.
Frequently Asked Questions
Cotswold's commercial space is mainly neighborhood retail and medical office. Cotswold Village is a 260,000 SF shopping center at Randolph and Sharon Amity, and Novant Health operates clinics on Randolph Road and Greenwich Road.
Thrift Commercial handles leasing at Cotswold Village. The center's owner entity is AP Cotswold Village, LP, and Asana Partners bought the center in October 2023. I can contact the leasing team for current availability and terms for your use.
Brokerages don't publish a Cotswold-only lease rate, and rates vary by property class, size, and lease structure such as NNN vs gross. I can pull current comparable lease rates for your target size and use.
Sources
- Wikipedia: Cotswold (Charlotte neighborhood)
- The Laws Collective: Living in Cotswold
- City of Charlotte: Charlotte Unified Development Ordinance
- Thrift Commercial: Cotswold Village listing
- Cotswold Village
- Connect CRE: Cotswold Village sale and planned revamp
- Charlotte Sights: Revamp coming to Cotswold Village
- City of Charlotte: Rezoning petition 2024-030 community meeting report
- Novant Health: Orthopedics & Sports Medicine – Cotswold
- Novant Health: Cotswold Medical Clinic
- Charlotte Regional Business Alliance
Location
Yubeen Choi
Real Estate Agent
- Location: Charlotte, NC
- Email: yubeen.choi@exprealty.com
- Phone: (704) 668-1668
