Southend Worx 2

Southend Worx 2 is a 42,000 square foot class B flex/office building. The property is strategically located neighboring the fast-growing south-end submarket. The submarket is growing rapidly, vacancy across competitive properties is declining, rents are increasing and with infill flex properties the use will shift from flex/light assembly to quasi retail/showroom space securing higher rents.

INSITE purchased the property at 92% occupancy in November 2020. INSITE’s business plan is to rebrand and reposition the asset through a capital upgrade plan and rest the lower than market property rents to market ups lease expiration and convert the remaining gross leases to NNN.

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HIGHLIGHTS
    • Convenient access to I-77
    • Close proximity to CBD, south-end
    • Located 15 mins from Charlotte airport (CLT)
    • New exterior building improvements 

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    Contact:

    INSITE Properties
    1435 W. Morehead Street
    Suite 125
    Charlotte, NC 28208

    (704) 344-8086

    admin@insiteprops.com