Traffic Control Devices Portfolio 3 Properties Offered at $6,485,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Industry Leading Operator
- Recent Lease Extensions | Mission Critical Locations
- Long-Term Net Leases with Annual Rent Increases
- Strong Parent Company
- Strategic Locations within Orlando and Charlotte MSAs with Strong Demographics
EXECUTIVE SUMMARY
Northmarq is pleased to exclusively offer qualified investors the opportunity to acquire three industrial properties in Florida and North Carolina (Orlando and Charlotte MSAs), available individually or as a portfolio. Each property is leased to Traffic Control Devices (TCD), a leading provider of traffic management solutions. TCD is a subsidiary of Asplundh Tree Expert, a company with S&P BB+ credit and $5.7 billion in annual revenue for 2024.
In Association With
Nolan Dunn, NC Lic #335693
Jason Long, FL Lic #BK3302956
In Association With
Nolan Dunn, NC Lic #335693
Jason Long, FL Lic #BK3302956
PROPERTY FACTS
| Price | $6,485,000 |
| Price / SF | $226.33 / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 28,653 SF |
| Total Land Area | 4.49 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Advanced Euro Inc
958 Explorer Cv, Altamonte Springs, FL 32701 |
Flex | 12,458 SF | 1988 | $2,319,000 |
| 648 Gadson St, Groveland, FL 34736 | Industrial | 5,795 SF | - | $1,990,000 |
| 710 Long Meadow Dr, Salisbury, NC 28147 | Industrial | 10,400 SF | 2002 | $2,175,000 |
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