3421 Axar Rd 10 212 pi² Industriel Immeuble Charlotte, NC 28208 2 800 609 $ CAD (274,25 $ CAD/pi²) 6,50% Taux de capitalisation

ADJACENT TO CHARLOTTE INTERNATIONAL AIRPORT - The subject property is located just down the street from Charlotte Douglas International Airport, offering quick access to one of the busiest cargo and passenger airports in the country. This location is in Charlotte’s most established industrial corridor (Airport/West Submarket) with immediate connectivity to Billy Graham Parkway, I-485, I-85, and I-77, making it easy for tenants to distribute inventory throughout the region. The surrounding area is packed with national operators, distributors, and service companies, which is why this pocket continues to be one of the most in-demand industrial submarkets in the Carolinas.

LONG-TERM LEASE EXTENSION 3% ANNUAL RENT INCREASES - ExperiGreen has occupied this facility for approximately 10 years and recently executed a new 7-year lease extension, further demonstrating their long-term commitment to the location. The tenant is also scheduled to complete property renovations in 2026, reinforcing their operational investment in the site. Annual rent increases of 3% provide a built-in hedge against inflation and support steady income growth for ownership.

NATIONAL TENANT WITH INSTITUTIONAL BACKING - ExperiGreen Lawn Care is a fast-growing lawn services platform providing fertilization, weed control, pest management, and recurring subscription-based programs to hundreds of thousands of customers nationwide and operates out of dozens of locations across the country. In January 2025, the company was acquired by Wind Point Partners – an established private equity firm with ± $7 Billion of Assets under Management – with previous sponsor Huron Capital (a multibillion-dollar PE platform) retaining a minority stake, providing deep institutional backing and long-term tenant stability.

FUNCTIONAL INDUSTRIAL W/ DOCKS & 25’ CLEAR - This highly functional ±10,212 SF facility sits on a ±1.76 Acre lot (13.19% Building/Lot Coverage) with three (3) dock high doors, one (1) grade level door and a ±25’ clear height.