
Traffic Control Devices | 710 Long Meadow Dr
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Traffic Control Devices 710 Long Meadow Dr 10,400 SF Industrial Building Salisbury, NC 28147 $2,175,000 ($209.13/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Industry Leading Operator
- Recent Lease Extension | Mission Critical Location
- Long-Term Net Lease with Annual Rent Increases
- Strong Parent Company
- Strategic Location within Charlotte MSA with Strong Demographics
- IOS Functionality within Charlotte MSA
EXECUTIVE SUMMARY
Northmarq is pleased to offer qualified investors the opportunity to acquire an Industrial Outdoor Storage (IOS) property in Salisbury, NC, within the Charlotte MSA. The Property is leased to Traffic Control Devices, 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. The property is backed by a long-term net lease with 3% annual rent escalations. Strategically located within the Charlotte MSA, it offers excellent access to major highways and interstates such as U.S. Highway 29 and Interstate 85.
In Association with: Nolan Dunn, NC Lic #335693
In Association with: Nolan Dunn, NC Lic #335693
PROPERTY FACTS
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PROPERTY TAXES
Parcel Number | 471-A081 | Improvements Assessment | $331,504 |
Land Assessment | $72,632 | Total Assessment | $404,136 |
PROPERTY TAXES
Parcel Number
471-A081
Land Assessment
$72,632
Improvements Assessment
$331,504
Total Assessment
$404,136
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Traffic Control Devices | 710 Long Meadow Dr
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