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Property profile & analytics
FOR LEASE
Turn key restaurants

2115 N Cannon Blvd Kannapolis, NC 28083

2,648 SF 1.32 ac lot Built 1940
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US53-3148738
Property summary
AI-generated overview

This exceptional 3,150 square foot retail property is ideally situated at 2115 N Cannon Blvd in Kannapolis, North Carolina, within Rowan County. The entire space is currently vacant, presenting a unique opportunity for a single tenant to establish a prominent presence in a thriving community. The property's classification is commercial retail, offering significant potential for a wide range of businesses. Its single-tenant occupancy ensures complete control and customization for the future occupant. The building's total square footage is 3,150 square feet, providing ample space for various retail operations. The property's location in Kannapolis, NC, zip code 28083, offers convenient access to major roadways and a substantial customer base. This is a remarkable chance to secure a well-positioned retail space in a growing market. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to explore this opportunity further. The geographic coordinates are latitude 35.5233759 and longitude -80.6119248.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Total area 2,648 SF
Lot 1.32 ac (57,630 SF)
Zoning code C1:NEIGHBORHOOD COMM
APN 161 081
UPID US53-3148738
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
Current use
Occupant on record · Public records
  • China Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$975k
Owner & transaction history
Aces Realty LLC · 3 yrs held
Aces Realty LLC
since 2023
Last sale
$1.1M
2 recorded transactions
2023
$1.1M
1969
Price N/A
Zoning & alternative use
C1:NEIGHBORHOOD COMM · Kannapolis, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Article 3 Zoning Districts
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