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    475 Cannon Blvd Kannapolis, NC 28083

    For Lease
    $13 SF/Yr

    Kannapolis Retail/Office Space

    Lot size:
    66,317 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This single-story, 66,317 square foot College Station Shopping Center, located at 475 N Cannon Blvd in Kannapolis, NC (28083), offers diverse leasing opportunities. Built in 1976 and renovated in 2000, the Class C property features 10 suites, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 1,600 square feet. Currently, 3,200 square feet are vacant. The property is zoned C-2 and enjoys high visibility along Hwy-29/N Cannon Blvd, benefiting from significant traffic flow. Its location within the thriving Kannapolis submarket of Charlotte provides access to a substantial consumer base exceeding 100,000 people, with an average household income over $71,000 within a 5-mile radius. The area is experiencing robust growth, with a projected population increase of 10.59% in the next five years. The center is situated near major national retailers including Atrium, Walmart, Chick-fil-A, and Lowe's, further enhancing its appeal and potential. The property is ideal for retail, office, or restaurant uses, accommodating various business needs within its flexible suite options. This established commercial area offers a prime location for businesses seeking exposure and growth within a dynamic and expanding market.

    Property Features for 475 Cannon Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,317 SF
    Class
    C
    Total Rate
    71843.42

    Building Details

    Year Built/Renovated
    1976/2000
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 477
    Size
    1,600 SF
    Rate per SF
    $15
    Space
    Unit 475
    Size
    1,600 SF
    Rate per SF
    $15
    Space
    Unit 471
    Size
    3,200 SF
    Rate per SF
    $15
    Space
    Unit 473
    Size
    1,600 SF
    Rate per SF
    $15

    HighLights

    • 66,317 SF single‑story shopping center in Kannapolis, NC.
    • 10 suites, minimum 1,600 SF divisible space, maximum 1,600 SF contiguous space.
    • 3,200 SF currently vacant.
    • High visibility on Hwy 29/N Cannon Blvd, strong traffic counts.
    • Located in thriving Kannapolis submarket with over 100,000 people within a 5‑mile radius, average household income over $71,000.
    • C‑2 zoning, suitable for retail, office, or restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.610841468512
    Latitude
    35.500731724169

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      Retail Space in Kannapolis, NC

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    FAQs

    What type of property is this?
    Restaurant - Kannapolis Retail/Office Space
    Where is this restaurant located?
    The property is located at 475 Cannon Blvd Kannapolis, NC.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 66,317 SF single-story shopping center in Kannapolis, NC.; 10 suites, minimum 1,600 SF divisible space, maximum 1,600 SF contiguous space.; 3,200 SF currently vacant.
    Request Owner's contact information
    475 Cannon Blvd Kannapolis, NC 28083
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    Kannapolis, NC 28083
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    Realmo Value Estimation

    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.

    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.

    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
    475 Cannon Blvd Kannapolis, NC 28083
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