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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

475 Cannon Blvd Kannapolis, NC 28083

66,317 SF Built 1976
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1976
Total area 66,317 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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