Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Kannapolis Pkwy Kannapolis, NC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail opportunities in a Lowe's anchored shopping center.

    Type:RETAIL
    Property size:
    2,500 SF
    Lot size:
    1.05 Acres
    Added:
    Mar 31, 2023
    Days on Market:
    1128
    Last Refresh:
    Apr 5 at 8:51 pm

    Property Features for Kannapolis Pkwy

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    1.05 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at Kannapolis Pkwy Contact us

    We can help!

    Listing Contact
    Robbie Branstrom Adams

    Listing agent Robbie Branstrom Adams

    Listing office MPV Properties

    Listing date Mar 31, 2023

    Source Moodyscre

    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 MPV Properties

    Overview

    Retail Space in Growing Area

    Retail and outparcel opportunities are available in a Lowe's grocery anchored shopping center currently under construction, with expected delivery in early 2026. The property is part of Kellswater Bridge, a 370-acre residential development with capacity for up to 1,000 units. It is located in fast-growing western Cabarrus County, 3 miles from the North Carolina Research Campus, and convenient to UNCC and Uptown Charlotte. The location falls within the Cabarrus County school system, served by Charles E. Boger Elementary, Northwest Cabarrus Middle, and Northwest Cabarrus High. The property offers retail space with a size of 2,500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6658
    Latitude
    35.4566

    Nearby Similar for Lease

    • $14 SF/Yr

      Kannapolis Parkway Commercial Building

      4,050 SF commercial building with office and warehouse space.
      3585 Kannapolis Pkwy, Kannapolis, NC
      View Details
    • $22 SF/Yr

      Professional Office Space Available

      Two-story medical and professional office building for lease.
      4949 Professional Park Dr, Kannapolis, NC
      View Details
    • $16 SF/Yr

      Kannapolis Office Space Available

      Office space for lease in Kannapolis, North Carolina.
      800-814 N Main St, Kannapolis, NC
      View Details
    • Contact for pricing

      Retail Space in Kannapolis Village

      Retail space available in Harris Teeter-anchored Kannapolis retail village.
      510 N Main St, Kannapolis, NC
      View Details
    • Contact for pricing

      Mixed-Use Development in Kannapolis, NC

      Mixed-use development with shopping, housing, and neighborhood amenities.
      Kannapolis, NC 28081
      View Details
    • Contact for pricing

      Class A Logistics Facility

      755,928 SF logistics facility 100% leased in Kannapolis, NC.
      5700 Royce St, Kannapolis, NC
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Retail and outparcel opportunities in a Lowe's anchored shopping center.
      3820 Kannapolis Pkwy, Kannapolis, NC
      View Details
    • Contact for pricing

      Retail Space in Kannapolis, NC

      Retail space available for lease in Kannapolis, North Carolina.
      2115 N Cannon Blvd, Kannapolis, NC 28083
      View Details
    • Contact for pricing

      Available Warehouse Space in Kannapolis

      Up to 295,532 SF available in Kannapolis, NC.
      2860 Stadium Dr, Kannapolis, NC
      View Details
    • Contact for pricing

      Kannapolis Warehouse Space Available

      114,900 SF warehouse/industrial space for lease in Kannapolis, NC.
      6280 Shumard St, Kannapolis, NC
      View Details
    • Contact for pricing

      Kannapolis Warehouse Space Available

      227,700 square foot warehouse space for lease.
      6280 Shumard St , Kannapolis, NC
      View Details
    • Contact for pricing

      Kannapolis Warehouse Space Available

      221,550 square foot warehouse space in Kannapolis, North Carolina.
      Shumard St & Davidson Hwy, Kannapolis, NC
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail opportunities in a Lowe's anchored shopping center.
    Where is this shopping center located?
    The property is located at Kannapolis Pkwy Kannapolis, NC.
    What are key features of this property?
    This property features: Lowes grocery anchored shopping center, delivering in early 2026.; Located within Kellswater Bridge, a 370‑acre residential development with capacity for up to 1,000 units.; Retail and outparcel opportunities available.
    (704) 578-3111 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Robbie Branstrom Adams
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Kannapolis Pkwy, Kannapolis, NC

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!