SiteOne Landscape Supply | Hardeeville, SC
Hardeeville, South Carolina
Cap Rate: 6.00%
$3,328,000
Available
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Get In TouchCC Patio Manufacturing Center – Phoenix, AZ
CC Patio Manufacturing Facility
2628 E Adams Street, Phoenix, AZ 85034
SIG and Levrose Commercial Real Estate are pleased to exclusively offer for sale the new construction CC Patio Manufacturing Facility Absolute NNN asset located in the Heart of Phoenix, AZ. Specifically built for the tenant, this is a rare opportunity to acquire a new construction asset on a long-term 10 year absolute NNN lease with annual increases.
- Brand New Construction Asset: This is a brand new facility specifically built to the tenants needs and wants. This new facility will allow the tenant to increase production capacity by 4x – 5x
- Substantial Tenant Investment: Tenant has invested heavily into the facility with specialized equipment and permitting, making it unlikely for the tenant to leave or relocate
- Strategic Location: Asset is in direct proximity to Phoenix Sky Harbor Airport and is conveniently positioned with immediate access to key transportation arteries and freeway systems (I-10, I-17 & Loop 202)
- Long-Term ABS NNN Lease: Rare long-term absolute NNN lease for an industrial facility with annual increases, making it a great investment for investors looking for long-term stable cashflow
- Strong Submarket: Highly sought after submarket with only 5.4% industrial vacancy and within 3 miles to downtown Phoenix, Chase Field and Phoenix Suns Arena
In Cooperation With Sands Investment Arizona, LLC – Lic. #LC690889000 BoR: Gary W. Berwick, CCIM – Lic. AZ #BR625869000
CC Patio Manufacturing Facility
2628 E Adams Street, Phoenix, AZ 85034
CC Patio Manufacturing Facility
In 2021, CC Patio furnished the custom pool area for the Sahara Hotel and Casino in Las Vegas. Following the successful project, all three major Las Vegas resort furniture organizations invited CC Patio to bid on pool furnishings. However, due to production limitations, the company was unable to pursue these opportunities. Similarly, after furnishing the Giants’ spring training stadium, CC Patio received inquiries to furnish the main stadium in San Francisco. Despite significant demand, manufacturing capacity has constrained their ability to fulfill these orders and growing retail customers. To address this, CC Patio started taking the steps to construct a state-of-theart manufacturing plant that would increase production capacity by ten times to meet larger-scale orders. 4 Years later, the project stands complete and is now ready and operational. This is truly an opportunity to invest in a one of a kind facility and partner with a rapidly growing company looking to push the boundaries of the industry.
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National Seating & Mobility Inc. & Taylor & Parrish Construction
Richmond, Virginia
Cap Rate: 7.00%
$3,922,343
Available
Price
$11,500,000
Cap Rate
6.75%
PREMISES
34,000 SF
RENEWAL OPTIONS
3 x 5 Years
Lease Expiration
10 Years From Close of Escrow
Lease Type
Absolute NNN
RENTAL INCREASES
2% Annually
BROKERS
Zak Kottler
Joe Cosgrove
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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