SiteOne Landscape Supply | Hardeeville, SC

SiteOne Landscape Supply
19527 Whyte Hardee Boulevard, Hardeeville, SC 29927, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the SiteOne Landscape Supply Absolute NNN Located at 19527 Whyte Hardee Boulevard in Hardeeville, SC. This is a Rare Opportunity to Acquire an Industrial Property With an Absolute NNN Lease and 4% Annual Rent Increases. The Site is Located Between the Booming Port of Savannah and Blufton-Hilton Head Island.

  • Strong Guarantee: SiteOne Landscape Supply (NYSE: SITE) is the Largest and Only National Wholesale Distributor of Landscaping Products in the United States and Canada; SiteOne Operates Over 690 Stores Across 45 States and 6 Canadian Provinces and Has an Annual Revenue North of $4.5B (2024)
  • Attractive Rents: The Rents at This Site Are Extremely Attractive Compared to the Savannah Market; The Tenant is Currently Paying $4,000/AC/Month Compared to the Average Rents in Savannah of $7,000/AC/Month
  • Rare Lease Structure: This is a Rare Industrial Opportunity With an Absolute NNN Lease Structure With Zero Landlord Responsibilities and Strong Rent Increases at 4% Annually
  • Immediate Highway Access: The Site Has Immediate Access to Both I-95, Just a 2 Minute Drive to the Access Ramp, 0.25 Miles; and US Routes 17 & 278, Allowing the Tenant to Serve the Savannah, Hilton Head, Bluffton, and Hardeeville Markets
  • Desirable IOS Asset Class: The Excess Yard Space at This Location Allows For Significant Industrial Outdoor Storage (IOS), Which is One of the Most Sought-After Asset Classes in Today’s Market
  • Strategic Location: This Location and Market Was Strategically Targeted By the Tenant in Response to the Booming Savannah Industrial Market; This Location Will Support the Nearby Master Planned Clarius Park Hardeeville Industrial Park Which Will Consist of ±2.7 Million Square Feet of Class A Industrial Warehouse Space Within 10 Miles of the Georgia Ports Authority’s Garden City Terminal, the Nation’s 3rd Largest Port of Entry and Fastest Growing Container Terminal

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

SiteOne Landscape Supply
19527 Whyte Hardee Boulevard, Hardeeville, SC 29927, USA

SITEONE LANDSCAPE SUPPLY

SiteOne Landscape Supply, Inc. is the largest and only national wholesale distributor of landscape supplies in the United States and has a growing presence in Canada. Its customers are primarily residential and commercial landscape professionals who specialize in the design, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces. Through their expansive North American network of over 690 store locations in 45 US states and six Canadian provinces, they offer a comprehensive selection of more than 130,000 stock keeping units, or SKUs, including irrigation supplies, fertilizer and control products (e.g., herbicides), landscape accessories, nursery goods, hardscapes (including pavers, natural stones and blocks), outdoor lighting and ice melt products. The company maintains approximately 100,000 products in its catalog. SiteOne also sells private label agronomic products under the LESCO name. The LESCO product line includes fertilizer, seed, sprayers, spreaders, and other landscape supplies and equipment.

Price

$3,328,000

Cap Rate

6.00%

PREMISES

4.02 Acres

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

07/31/2033

Lease Type

Absolute NNN

RENTAL INCREASES

4% Annually

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