Northmarq, as the exclusive advisor, is pleased to present this sale leaseback opportunity of Composite Research, Inc.'s boat manufacturing facility located at 6131 Sundance Road in Blackshear, Georgia (“the Property”). The Property consists of nine buildings totaling ±117,538-square-feet on ±14 acres of land. This campus houses the entire manufacturing process within the environmentally friendly facilities. Composite Research owns the building and will execute a 15-year lease with annual increases, offering a turn-key investment with long-term, passive income and limited landlord responsibilities.
The Property is conveniently located in a highly concentrated industrial corridor of Blackshear surrounded by several local and national companies. The Property is well-positioned within the Brunswick industrial market, one of the most sought-after markets in the country due to its extremely low operational costs, direct access to interstate, proximity to the Port of Brunswick as well as the Port of Savannah, and strong access to larger logistics markets such as Savannah, Jacksonville, and Atlanta. Brunswick has over 6 million square feet of industrial space and one of the lowest vacancy rates nationwide at 0.9%.
The Property is situated one (1) mile south of U.S. Route 84, a major east-west highway system. The Property is equidistant between Savannah and Jacksonville, and has terrific access to major highway systems, Interstate 95 and Interstate 75. This strategic location enables efficient distribution and logistics operations, ensuring seamless connectivity for the Tenant operating from this site. The Property also benefits from a favorable I-Industrial zoning, allowing an array of general uses.
The Property will be leased and operated by Composite Research, Inc., one of the fastest growing middle-market marine manufacturers in America. Founded in 1994, Composite Research specializes in manufacturing and producing top quality fishing boats and has delivered 30+ consecutive years of positive sales growth, supported by strong consumer loyalty and corporate-backed stability. Blackshear is well-positioned within the Brunswick industrial market, one of the most sought-after industrial markets with one of the lowest vacancy rates nationwide at 1.6%. With limited new development opportunities along U.S. Route 84, the Property provides a compelling investment opportunity in a high-barrier, high-demand market.