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1110 S Cannon Blvd, Kannapolis, NC, 28083

Retail Investment Opportunity For Sale or Lease
$1,600,000

Key Information

Tot. SF
1,920
Lot Size
0.81 Acres
Year Built
2021
Type
Retail

Highlights

  • Value-Add Opportunity With Existing Drive-Thru: Recently constructed in 2021 with modern design and building systems, the property features existing drive-thru infrastructure that provides immediate upside for QSR, coffee, or service-oriented users while minimizing near-term capital expenditures, redevelopment costs, and time to occupancy.
  • High-Growth Kannapolis Market, Charlotte MSA: Located in a rapidly growing Cabarrus County submarket, approximately 25 miles northeast of Uptown Charlotte, benefiting from regional population and employment growth.
  • Prime Visibility Within An Established Commercial Corridor: Situated along South Cannon Boulevard (25,000 VPD) with strong traffic exposure, prominent frontage, and convenient ingress and egress, the property is positioned within a proven retail and service corridor supported by surrounding national and regional tenants such as; Taco Bell, Bojangles, Wendy’s, Walgreens, Truist, & O’Reilly Auto Parts. The site has access from both South Cannon Blvd (25,000 VPD) and Dale Earnhardt Blvd (18,000 VPD)
  • Flexible Investment Or Owner-User Exit: Offered for sale or lease, providing optionality for investors seeking repositioning upside or owner-users targeting a newer asset in a growing Charlotte-area market.
  • Strong Demographics: Strategically positioned in a densely populated trade area with over 92,000 residents within a 5-mile radius, an average household income of $75,000 and strong projected population growth over the next 3 years.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203