On average, listings lease in the $90's per square foot per year. The Kannapolis submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $76 per sqft per year. That's a 480% increase in rent.
Compared to the rest of the Metrolina market, the Kannapolis submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 67 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Kannapolis are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,100 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this region were built in 1973 and are Class B.
Real time and historical data on commercial real estate listings in Kannapolis.
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