Concord, NC
Commercial Real Estate Market Trends & Data

$443 Avg asking sale price
$20 Avg asking lease rate
35,272 SF Avg unit lease size
26,752 SF Avg building size for sale
5.84% Average cap rate

Concord's Demographic Profile

Concord has 40,173 households and a median income of $83,088, providing context for rent absorption and tenant demand across retail and multifamily assets. A +12% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 110,380
# Households 40,173
Median age 39
Median household income $83,088
Avg household size 3.0
Renter-occupied housing units 14,791
5-year population change +12%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Concord, NC

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Concord $264 5,066 SF 6.37%
Kannapolis $518 6,815 SF 6.37%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Concord $169 106,935 SF 6.52%
Kannapolis $243 11,206 SF 6.52%
Mint Hill $635 8,933 SF 7.12%
Nearby Retail Markets Avg Cost/SF Typical Size
Concord $581 13,929 SF
Harrisburg $873 2,273 SF
Kannapolis $356 4,620 SF
Landis $414 1,570 SF
Rockwell $226 6,895 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Charlotte $241 34,780 SF 5.83%
Mooresville $396 111,057 SF 5.60%

Commercial Properties For Sale in Concord

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

5661 US Highway 601 S

Concord, NC 28025

  • 968 SF Retail Building
  • $1,400,000
For Sale

4201-4221 Davidson Highway

Concord, NC 28027

  • 3.75 AC Lot
  • 1 Commercial Lot
  • $1,400,000
For Sale

1032 Central Dr NW

Concord, NC 28027

  • 15,980 SF Industrial Building
  • 6.14% Cap Rate
  • $2,600,000
For Sale

PNC Bank

Concord, NC 28027

  • 2,508 SF Retail Building
  • 4.85% Cap Rate
  • $6,392,000
For Sale

Concord Self-Storage Development Site

Concord, NC 28027

  • 4.79 AC Lot
  • 1 Commercial Lot
  • $799,000
For Sale

Industrial Warehouse & Carwash

Concord, NC

  • $900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Concord pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Concord $443 26,752 SF
Harrisburg $571 5,382 SF
Kannapolis $464 5,821 SF
Midland $1,321 1,817 SF

Regional Demographic Comparison

This comparison places Concord alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Concord or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Concord 110,380 40,173 39 $83,088 3 14,791 12%
Harrisburg 15,444 5,150 41 $117,476 3 570 10%
Kannapolis 61,989 23,699 38 $61,410 3 9,668 12%
Midland 5,364 1,918 39 $101,287 3 295 12%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Concord, NC and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Concord

View All Commercial Real Estate For Sale in Concord
Is Concord a good market for a first-time commercial real estate investor?

Concord offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Concord?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Concord. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Concord?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Concord. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Concord compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Concord. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Concord acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Concord, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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