6131 Sundance Rd - Manufacturing FOR SALE


Blackshear, GA 31516
$5,093,320 USD
404-823-6375
6131 Sundance Rd, Blackshear, GA for Sale
$5,093,320 USD
Manufacturing - FOR SALE
1/4
null | 7.5% Cap Rate

6131 Sundance Rd
Blackshear, GA 31516


HIGHLIGHTS

  • Best-In-Class Tenant
  • Seasoned Operator
  • Substantial Tenant Investment
  • 15-Year NNN Lease
  • Attractive Rental Increases
  • 115K SF Environmentally Friendly Manufacturing Facility

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,093,320 USD

PRICE/SF

$44 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Composite Research, Inc.

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

13

PARKING SPACES

59

LAND DETAILS

LAND ACRES

14.2

LAND SF

618,552

ZONING

I-industrial

APN/PARCEL ID

036-013-G

ASK ABOUT THIS PROPERTY

Robert PoirierNorthmarqMore Info
404-823-6375

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Robert PoirierNorthmarqMore Info
404-823-6375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.