MARKET OVERVIEW

• Concord is a city located in Cabarrus County, in the state of North Carolina. Concord is situated in the southern part of North Carolina, approximately 20 miles northeast of Charlotte, the state's largest city. Concord had a population of over 90,000 residents. It's worth noting that population. Concord's economy has diversified over the years. While it historically had a strong connection to textile manufacturing and agriculture, it has experienced growth in sectors such as motorsports, healthcare, and retail. Concord is well-connected by major highways, including Interstate 85, providing easy access to Charlotte and other parts of the state. Concord is served by Concord-Padgett Regional Airport, which accommodates general aviation and charter flights. Concord is known for being home to Charlotte Motor Speedway, one of the most famous NASCAR (National Association for Stock Car Auto Racing) tracks. The city has a significant presence in the motorsports industry and is a hub for racing-related businesses.