Self-Storage Market of the Month: Kannapolis, NC

May 2025

StorTrack’s featured market this month is Kannapolis, NC. Located just northeast of Charlotte, Kannapolis is one of the fastest-growing cities in the region — with a population increase of over 20% in the last decade. The city is undergoing a major transformation, anchored by the $1.5 billion North Carolina Research Campus, a public-private hub for health, nutrition, and biotech research.

How is Kannapolis as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.

Self Storage Market Metrics for Kannapolis, NC

Current Supply:
  • There is a supply of 3.27 square feet per capita in this market. For comparison, North Carolina’s square feet per capita is 6.83
  • Kettering is home to 9 self-storage facilities, including one REIT, two large operators, one mid-size operator, and five single or small operators
  • There are three new planned development projects in this market, though there are 138 active projects across the state
Rate Trends:

Rates in Kettering have trended slightly downward in the last 12 months. The average rate per sq ft for a standard unit is $1.16 and climate-controlled units are currently $2.12

View the Market Report for Kannapolis, NC

Is this a good market for you to invest in? To understand Kannapolis’ potential as a self-storage market, view this complimentary report, giving you useful market statistics and metrics.

Additional metrics available with report purchase.

To get a comprehensive market report for any location, visit StorTrack.com—the leading market intelligence platform for self-storage, vehicle, RV, and boat storage.

StorTrack’s Explorer platform is the go-to tool for operators, investors, and developers, providing insights on over 79,000 facilities across primary, secondary, and tertiary markets in the U.S., Canada, Europe, and the UK.

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