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29649974
29649975

1110 S Cannon Blvd, Kannapolis, NC 28083

MW
GA 415376, FL SL3631325
Matthews
CK
GA 413436
Matthews
DS
FL SL3579995
Matthews
Listed by Matthews
$1,600,000
121 days on market
Updated 79 days ago

Retail Investment Opportunity For Sale or Lease

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,920
Brand/Tenant Popeyes
Price per SqFt $833
Year Built 2021
Acreage 0.810

High-Growth - Value-Add Opportunity With Existing Drive-Thru

Investment 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.

Listing Contacts

MW
GA 415376, FL SL3631325
Matthews
CK
GA 413436
Matthews
DS
FL SL3579995
Matthews
Listed by Matthews

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Additional Information

Name
Gerard Hamas
License
362768, C42113 (NC)
Brokerage
Matthews of North Carolina, LLC
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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