
The Foundry Hotel Asheville
51 South Market Street, Asheville, NC, 28801, US
1.368 m²
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, has been retained to market the opportunity to acquire the fee simple interest in AXIAL Bonds Farm - Building 2 (the "Project" or "Offering"), a 148,720 square foot Class A industrial facility located less than one (1) mile off I-85 in Concord, NC in the Charlotte MSA. The Project is 100% leased to TDC International LLC ("TDC") and serves as the company's new HQ and sole location. With 9.6 years of lease term remaining, the Offering provides investors with secure, long-term cash flow and strong contractual yield expansion via 3.50% annual escalations, requiring limited oversight from new ownership.
Established in 1978, TDC operates as a specialized engineering and manufacturing company that delivers custom machinery to 50+ of the world's largest telecommunications providers. The company has consolidated their existing operations into AXIAL Bonds Farm - Building 2 and now operates as their one (1) and only location in North America, making the Property mission-critical to the company's operations. Overall, AXIAL Bonds Farm - Building 2 presents investors with the opportunity to acquire a 100% leased, Class A mission-critical distribution and manufacturing facility with strong long-term cash flow appreciation and immediate interstate connectivity in the high-growth Charlotte industrial market.
LONG-TERM, STABLE CASH FLOW WITH STRONG CONTRACTUAL RENT GROWTH
• 100% leased to TDC International LLC ("TDC") with 9.6 years of remaining term
• Robust yield expansion via 3.50% annual escalations
MISSION-CRITICAL LOCATION FEATURING HIGH-GROWTH TENANCY
• TDC is a specialized engineering and manufacturing firm providing custom equipment to the optical fiber, wire and cable industries
• Leading supplier to fifty (50) of the world’s largest blue chip telecommunications providers including CommScope, Corning, Southwire, among many others
• The Project functions as TDC's new headquarters and their only North American location, making it absolutely mission-critical to their operations
VERSATILE INSTITUTIONAL-QUALITY CONSTRUCTION
• The second building at AXIAL Bonds Farm, a master-planned industrial park comprised of three (3) buildings totaling 809,720 square feet
• Concrete tilt-wall construction featuring attractive wood facade and modern paint schemes
• 260’-deep rear load configuration featuring 32’ clear heights, ESFR sprinklers, LED lighting and full HVAC
• Multiple storefronts and expandable auto parking offer future demising flexibility to accommodate a wide range of users
• 2,700 amps (3-phase) or 6,000 amps (single-phase) power capacity
HIGHLY-CONNECTED LOGISTICS LOCATION WITH DYNAMIC ECONOMIC FUNDAMENTALS
• Fronting I-85, the Project offers seamless connectivity to the entirety of the booming Sun Belt region
• Four (4) miles from the I-485 beltway loop, providing direct access to every corner of the Charlotte MSA
• Situated within six (6) miles of The Grounds at Concord, the home of Eli Lilly’s $2 billion manufacturing campus in addition to Red Bull & Rauch’s new $1.7 billion facility – two of the most exciting economic developments in the Charlotte MSA


