sherwin_building

Sherwin Williams

Confidential, Ohio

Sherwin-Williams-Logos-PNG-Vector

Price: 

$1600000

Cap:

7.50%

NOI:

$120,000

Square Footage:

5,000

Lot Size:

.76 Acres

Year Built/Remodeled:

2009


Property Description: 

The subject property is Sherwin-Williams paint center. The building is a pre-engineered metal structure with partial masonry walls on the sides and front. The site is 1.607 acres and offers expansion or future development. This property has a 15-year NN lease, which commenced in 2009, with 3-5 year options.

Founded in 1866, Sherwin-Williams has more than 3,300 company-owned stores and is
the U.S. market leader in distribution and sales of coatings and coating-related products.
Sherwin-Williams has yearly revenues near $8 billion and is ranked among the top U.S. Fortune 400 companies. Sherwin-Williams is rated "A" credit by S&P.

Confidential, please call or email to receive a confidentiality agreement.

Investment Highlights:

S&P A rated
Corporate guaranty
Newer construction; 2009

Financial Summary:

All Cash

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