On average, listings lease in the $10's per square foot per year. The Kannapolis region is going through a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 46% decline in rent.
Compared to the rest of the Metrolina market, the Kannapolis region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 16 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,020 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 1973 and are Class B.