For Sale
Kannapolis, NC
Commercial Real Estate Market Trends & Data
$446
Avg asking sale price
$21
Avg asking lease rate
24,456 SF
Avg unit lease size
11,792 SF
Avg building size for sale
7.14%
Average cap rate
Kannapolis's Demographic Profile
Kannapolis has 23,699 households and a median income of $61,410, 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 | 61,989 |
| # Households | 23,699 |
| Median age | 38 |
| Median household income | $61,410 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 9,668 |
| 5-year population change | +12% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Kannapolis, NC
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Kannapolis | $538 | 8,755 SF | 6.37% |
| Concord | $349 | 4,656 SF | 6.75% |
| Mooresville | $240 | 4,093 SF | 6.60% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Kannapolis | $174 | 19,667 SF | 6.52% |
| Concord | $166 | 106,935 SF | 6.52% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Kannapolis | $310 | 7,410 SF |
| Concord | $813 | 17,998 SF |
| China Grove | $374 | 4,550 SF |
| Davidson | $70 | 10,589 SF |
| Rockwell | $226 | 6,895 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Mooresville | $281 | 111,057 SF | 5.60% |
| Charlotte | $225 | 39,048 SF | 5.83% |
Commercial Properties For Sale in Kannapolis
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Kannapolis pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Kannapolis | $446 | 11,792 SF |
| Landis | $153 | 37,286 SF |
| Concord | $481 | 26,559 SF |
| China Grove | $298 | 9,438 SF |
| Davidson | $357 | 8,553 SF |
Regional Demographic Comparison
This comparison places Kannapolis 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 Kannapolis or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Kannapolis | 61,989 | 23,699 | 38 | $61,410 | 3 | 9,668 | 12% |
| Landis | 3,855 | 1,554 | 40 | $63,000 | 3 | 405 | 6% |
| Concord | 110,380 | 40,173 | 39 | $83,088 | 3 | 14,791 | 12% |
| China Grove | 3,698 | 1,486 | 39 | $42,276 | 3 | 470 | 5% |
| Davidson | 14,254 | 5,169 | 41 | $142,697 | 3 | 1,517 | 6% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Kannapolis, 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 Kannapolis
View All Commercial Real Estate For Sale in Kannapolis
Is Kannapolis a good market for a first-time commercial real estate investor?
Kannapolis 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 Kannapolis?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Kannapolis. 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 Kannapolis?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Kannapolis. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Kannapolis compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Kannapolis. 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 Kannapolis acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Kannapolis, 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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