724 Chipola St
Kannapolis, NC 28083

Insite Properties is pleased to present this opportunity to acquire 724 Chipola Street, a high quality 40,000 square foot industrial facility in Kannapolis, NC (“The Property”). The Property was built in 2009 as a single tenant built-to-suit for LabCorp for a bio-repository use. It was designed with significant power, abundant HVAC and additional infrastructure. 724 Chipola is conveniently located along the I-85 corridor between Charlotte and Greensboro, directly off of HWY 29 just 1 mile from downtown Kannapolis. The Property includes a variety of design features that are desirable for industrial tenants including 22 foot clear height, 40 foot column spans, a loading facility with a 10 x 12 door along with 2,400 SF of move-in ready office space. 724 Chipola is leased through May 31, 2024 when the building will become vacant offering an investor or user the opportunity to re-tenant or occupy the building upon lease expiration. The Offering also includes an adjacent 3.3 acre land parcel that provides an opportunity for expansion or additional parking.