2990 Brantley Road Kannapolis, NC 28083
For Sale
$6,900,000
Flex space
Property Size18,356 SF
Lot Size8.81 Acres
Price / SF$375.90
Days on Market248
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
Changed: Jul 6
Last Checked: Jul 29 at 8:10AM
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.
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
