Investment Highlights
- Single Tenant Sherwin-Williams
8,428+/- Square Feet
Basement Space with Bathroom
Well-Maintained:
New Showroom Floor In 2024
New A/C Unit In 2024
Parking Lot and Driveway Resurfaced In 2023
New Garage Door In 2023
Loading Dock & Building Exterior Painted In 2023
Improved & Expanded Loading Dock In 2018
New Roof In 2015, Warranty Through 2030 - Sherwin-Williams Company
Corporate Guarantee
Over 4,600 Stores
Headquartered In Cleveland, Oh
Stock Ticker: SHW (NYSE) - Lease Overview
Operated Since 1973 (50+ Years)
New Ten-Year Extension Just Signed
10% Rent Increase in April 2029
Two-Five Year Options Remain With 10% Rent Increases
Double Net Lease
Tenant Reimburses Main Parcel Real Estate Taxes
Tenant Reimburses Property Insurance
Tenant Responsible for HVAC Repair & Maintenance
HVAC Replacement Costs Equally Split Between Tenant and Landlord
Landlord Responsible for Roof & Structure - Location
Just East of College Square Mall
Adjacent To Casey’s C-Store
University Ave Traffic Count: 14,141 VPD
Over 90,900 Residents Within Five Miles
Average Household Income Of $86,827 Within Five Miles
