Automotive Service
New
For Sale
$2,566,372
1101 S Chapel St, Kannapolis, NC 28083
The property supports tire, brake, and related automotive service operations.
Property Size5,564 SF
Price / SF$461.25
Days on Market2
Property Features for 1101 S Chapel St
General Information
Standard status
Active
Size
5,564 SF
Property subtype
Auto Parts
Lease Type
Absolute Net
Additional Details
Cap Rate
5.65%
Amenities
Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
5% Rental Increases Every Five Years with Multiple Renewal Options
Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, and Exhaust Work
Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 3,500 Service Centers Throughout the U.S.
Positioned Along North Cannon Blvd (US Highway 29), a Primary Commercial Thoroughfare Serving Kannapolis and the Greater Concord Market
Growing Charlotte MSA with 67,451 Residents within a Five-Mile Radius
Minutes from the Revitalized Downtown Kannapolis District, Home to the 350-Acre North Carolina Research Campus
Convenient Access to Interstate 85, Connecting Kannapolis to Charlotte, Concord, Salisbury, and the Greater Piedmont Region
Building Details
Building Size
5,564 SF
Listed By:
Alex Frankel · License #License(s): OH: SAL.2017002396
(602) 687-6697
Source:
Marcusmillichap
Added: Sep 20
Last Checked: Sep 20 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alex Frankel
Investment Insights
Based on property information with market context.
This 5,564-square-foot automotive property is associated with tire and brake service under the Mavis brand. It is located at 1101 S Chapel St in Kannapolis, North Carolina, within the Charlotte MSA. The property is categorized as an auto shop and automotive property, with additional retail classification. Kannapolis spans Cabarrus and Rowan counties northeast of Charlotte and includes the North Carolina Research Campus, a research center focused on food, nutrition, and biotechnology.
Key Highlights
- 5,564‑square‑foot automotive property
- Identified with the Mavis Tires & Brakes brand
- Tire and brake service use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
56k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 35%
Dining 22%
Electronics 1%
Food Lion Grocery Store
Groceries
19,632 visits/mo
0.1 miles
SONIC Drive In
Dining
12,616 visits/mo
0.4 miles
Dollar Tree
Shops & Services
11,155 visits/mo
0.4 miles
Speedway
Shops & Services
10,306 visits/mo
0.0 miles
BP
Shops & Services
1,953 visits/mo
0.3 miles
Demographics for 28083, NC
25,821
Population
11,925
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,291
Density / Sq Mi
$60,563
Median Household Income
$39,831
Median Earnings
$1,120
Median Rent
$194,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - The property supports tire, brake, and related automotive service operations.
Where is this auto shop located?
The property is located at 1101 S Chapel St Kannapolis, NC.
What is the asking price?
The asking price for this property is $2,566,372.
What are key features of this property?
This property features: 5,564‑square‑foot automotive property; Identified with the Mavis Tires & Brakes brand; Tire and brake service use
