2990 Brantley Road Kannapolis, NC 28083
2990 Brantley Road, Kannapolis, NC, 28083
$6,900,000
For Sale
$6,900,000
Flex space
Property Size18,356 SF
Lot Size8.81 Acres
Price / SF$375.90
Days on Market238
Property Features for 2990 Brantley Road
General Information
- Standard status
- Active
- Size
- 18,356 SF
- Lot size
- 8.81 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing Agency
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(704) 727-4170
Listed by
SCOTT PARKER
Source
Corcoran
Added: Nov 24, 2025 Checked: Jul 19 at 4:12 am
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 PREMIER SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- Newly constructed, state‑of‑the‑art commercial facility boasting 18,356 sq ft on 8.813 acres, offering ample space for future expansion.
- Strategically located in Kannapolis, NC, annexed and rezoned into the city limits (GC‑CZ zoning) for a wide range of business uses.
- Features 6,600 sq ft of modern office space with high‑end furnishings and 11,756 sq ft of warehouse space with four motorized overhead doors.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $478.0k | $26.04 |
| − Vacancy | −$48.8k | −$2.66 |
| EGI | $429.2k | $23.38 |
| − OpEx | −$107.3k | −$5.85 |
| NOI | $321.9k | $17.54 |
18,356 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.60M
$4.02M – $5.37M
NOI $321,926 @ 7.0% cap · market cap 4.67%
Second Best
Flex RnD
$3.04M
$2.66M – $3.54M
NOI $212,646 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$5.78M
$5.06M – $6.74M
NOI $404,419 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
Where is this flex space located?
The property is located at 2990 Brantley Road Kannapolis, NC.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Newly constructed, state‑of‑the‑art commercial facility boasting 18,356 sq ft on 8.813 acres, offering ample space for future expansion.; Strategically located in Kannapolis, NC, annexed and rezoned into the city limits (GC‑CZ zoning) for a wide range of business uses.; Features 6,600 sq ft of modern office space with high‑end furnishings and 11,756 sq ft of warehouse space with four motorized overhead doors.
