SiteOne Landscape Supply | Hardeeville, SC
Hardeeville, South Carolina
Cap Rate: 6.00%
$3,328,000
Available
List with SIG
Tap into the expertise of brokers who specialize in your property type.
Get In TouchMission Critical – Industrial Manufacturing Facility | Griffin, GA
Newton Crouch
890 East Solomon Street, Griffin, GA 30223, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the Industrial Manufacturing Facility NNN Located at 890 East Solomon Street in Griffin, GA. The Tenant is an 80+ Year Old Best-in-Class Manufacturing Company That is Actively Growing and Expanding its National Market Presence. This Property Serves as a Mission Critical Facility to Their Entire United States Distribution, Providing For a Secure Investment.
- Newton Crouch Has Been Serving the Agricultural Industry and Building the Fertilizer Spreader of Choice For More Than 80 Years
- Expansive Facility In The Heart Of Griffin, GA With A Prominent Presence In A Thriving Industrial Market
- Property Is The Company’s Headquarters With Over 30-employees Onsite With The Vast Majority Of The Company’s Manufacturing Completed At The Property
- The Company Manufacturers ~300-units Per Year From This Location
- In Addition To Manufacturing Its Own Products, The Company Is A Leading Regional Dealer For Norwesco Industrial Tanks. Norweso Moved Its Southeastern Distribution Hub To Griffin, GA To Support The Company, Adding Further Support That This Is A Mission Critical Location For The Company
- Large Inventory Of Parts: Offers Precision Parts, Pumps, Fittings, Spray Tips, Tanks And More To Support Equipment
- In 2021, Private Equity Made A Controlling Investment In The Business And Has Continued To Reinvest In It Since Then
- Investments Of Over $900,000 Into This Property Since Purchased In November 2021
- Investments Include: New Final Assembly Building With 2 New Bridge Cranes, 3 New Storage Buildings With New Concrete Pads,Fenced Property Line,Re-Graveled Driveway,Roof Repair, Painting, Lighting, Electrical and IT/Cabling
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619
Newton Crouch
890 East Solomon Street, Griffin, GA 30223, USA
NEWTON CROUCH
Newton Crouch has served the agricultural industry since 1940 as a spreading and spraying equipment innovator. Newton Crouch is recognized for its commitment to manufacturing top-quality equipment. The company produces a wide range of dry and liquid application equipment, including fertilizer and lime spreaders, compost and litter spreaders, liquid sprayers and applicators, and specialty roadside sprayers, among others. Their dedication to customer success is evident in their focus on service, reliability, and high-quality construction. To further support their products, Newton Crouch maintains a substantial inventory of parts, such as precision components, pumps, fittings, spray tips, and tanks. Additionally, they provide training on their equipment to help customers achieve the results they desire.
In 2021, Private Equity made a controlling investment in the Business and has continued to reinvest in it since then. Bringing valuable resources, expertise, and additional capital that can and has accelerate expansion, drive innovation, and strengthen the Business’s market position.
Similar Listings
National Seating & Mobility Inc. & Taylor & Parrish Construction
Richmond, Virginia
Cap Rate: 7.00%
$3,922,343
Available
Price
$2,200,000
Cap Rate
7.50%
PREMISES
34,458 SF
RENEWAL OPTIONS
5 x 5 Years Options
Lease Type
NNN
RENTAL INCREASES
2% Annually
BROKERS
Get Property Updates in Your Inbox
Subscribe to the SIG newsletter to access properties before they come to market.
To receive access to this OM, please review and sign our confidentiality agreement:
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.
By filling in your information and submitting this form, you are accepting the terms of this agreement.