Technical
Financial
Distress signals
Property profile

0 Oak Avenue Mall Dr Kannapolis, NC 28081

OFF-MARKET
Neighborhood centers
76,811 SF Built 1971
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Oak Ave Mall in Kannapolis, NC offers a fantastic opportunity for retail businesses seeking high visibility and strong foot traffic. This single-story, 76,811 square foot neighborhood center, built in 1971, boasts 11 suites and currently has 1,021 square feet of vacant retail space available. The property is classified as Class C and enjoys a highly desirable location in the heart of Kannapolis, directly adjacent to the Kannapolis Cannon Ballers baseball stadium, ensuring consistent vehicular and pedestrian traffic. The mall's central location provides easy access to major highways and public transportation, maximizing customer reach. The existing tenant mix offers a diverse range of shopping and dining options, creating a vibrant and attractive environment for potential lessees. This property benefits from the ongoing revitalization projects within Kannapolis, further enhancing its appeal and long-term growth potential. The ample parking available ensures convenient access for customers. This is an exceptional opportunity to establish or expand a retail presence in a thriving community. The available space presents a blank canvas for a variety of retail concepts, capitalizing on the high volume of traffic generated by the stadium and the surrounding area. Don't miss this chance to secure a prime retail location in a dynamic and growing city.

Property profile

Verified
Property type Neighborhood centers
Year built 1971
Total area 76,811 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Oak Avenue Mall Dr Kannapolis, NC 28081
Kannapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Oak Avenue Mall Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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