Concord, North Carolina: A Premier Destination for Commercial Real Estate

Introduction

Concord, North Carolina, is rapidly emerging as a hub for commercial real estate, attracting investors and developers with its robust economy and strategic location. As the largest city in Cabarrus County, Concord boasts a diverse economic landscape, underpinned by thriving industries such as motorsports, manufacturing, and logistics. Its proximity to Charlotte, a major metropolitan area, further enhances its appeal, making it a strategic choice for commercial real estate (CRE) investments.

Economic and Industry Overview

Concord's economy is driven by several key industries, including motorsports, healthcare, and logistics. The presence of the Charlotte Motor Speedway has established Concord as a focal point for the motorsports industry, generating demand for office and retail spaces to support related businesses. Additionally, Concord's manufacturing sector continues to expand, necessitating industrial spaces for production and distribution. The Cabarrus Economic Development Corporation actively promotes growth through initiatives aimed at attracting new businesses and supporting existing ones.

Strategic Location and Transportation Infrastructure

Concord's strategic location is complemented by its robust transportation infrastructure. The city is served by major highways such as Interstate 85, providing seamless connectivity to Charlotte and other regional markets. The Concord-Padgett Regional Airport offers convenient air travel options, while the proximity to the Charlotte Douglas International Airport enhances global accessibility. Concord's rail services, operated by Norfolk Southern, further bolster its logistical advantages, making it an ideal location for distribution and manufacturing operations.

Commercial Real Estate Inventory & Zoning

Concord's commercial real estate market is characterized by diverse submarkets, including its central business district (CBD), industrial corridors, and emerging innovation districts. Key asset classes in Concord include industrial spaces tailored for manufacturing and logistics, retail centers, and office buildings. Recent zoning updates have introduced incentives for developers, particularly in designated growth areas. For detailed zoning maps and parcel information, visit the City of Concord Planning & Neighborhood Development.

Major Employers and Institutions

Concord is home to several major employers that drive demand for commercial real estate. The Atrium Health Cabarrus hospital and the Charlotte Motor Speedway are significant employment centers. Additionally, Concord benefits from its proximity to the University of North Carolina at Charlotte, which fuels demand for office and research spaces. For a comprehensive list of businesses and institutions, explore the Cabarrus County Business Directory.

Notable Commercial Developments & Projects

Concord is witnessing a surge in commercial developments, including large-scale projects such as mixed-use developments and innovation parks. The city's designation of Opportunity Zones has further catalyzed investment in underserved areas. Public-private partnerships are fostering the development of these projects, transforming Concord into a vibrant commercial hub. For more information on current developments, visit the Concord Planning Department.

Building Permits, Planning, and Development Tools

Developers and investors can access essential resources through the City of Concord Building and Safety Department. The city provides a comprehensive permitting portal and a parcel map viewer to facilitate project planning. The Concord Planning Commission and the Development Code are also valuable resources for navigating the city's regulatory landscape.

Market Data & Economic Reports

Concord's economic vitality is reflected in various public data sets and economic reports. Resources such as census.gov and the city's open data portal offer valuable insights into market trends and demographics. Brevitas leverages AI-powered aggregation from public data and internal insights, offering users the ability to explore Brevitas-powered dashboards for Concord's CRE market.

Why Use Brevitas for Concord, North Carolina CRE?

Brevitas stands out as a premier marketplace for Concord's commercial real estate, offering AI-driven discovery, real-time market alerts, and smart property pages. Our platform provides unique features such as auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. With exclusive listings and premium exposure, Brevitas is your go-to source for CRE opportunities in Concord, North Carolina. Explore our offerings at Brevitas.