Kannapolis, NC Industrial Property For Sale

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.

- Square Footage

±29,280 SF Total

±1,200 SF Office

±18,320 SF Warehouse

±9,760 SF Basement

- ±3.26 Acres

- 3 Dock High Doors & 1 Ramp (Main Floor Warehouse)

- 2 Dock High Doors (Basement)

- Clear Height: 17.5’ At Eave & 20’ At Center

- 40’x30’ Column Spacing

- Wet Sprinkler System

- Built in 1985

- 240v 3 Phase Power

- 110’ Truck Court

- Zoned O-1 City Of Kannapolis