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| Price $2,117,000 | Built/Renov 2022 | Tenant Sherwin-Williams |
| Cap Rate 6.00% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
4,000
| Lease Start
11-21-2022
| #Units
4,859
|
| Price/SF $529.25 | Expiration
11-20-2032
| Tenant Type General Retail |
| NOI $126,996 | R. Term 7.11 | Ownership Fee Simple |
| Rent/SF
$31.75
| Increases 8.0%/9/yrs | Pop 5Mi 75,997 |
| Lot/AC 1.15 | Options 6/5yrs/8% | AHHI 5Mi $153,141 |
| | |
Sherwin Williams is strategically positioned on Adena Lane, directly off of Highway 280, the top retail corridor in the state of Alabama (65,883 VPD), as well as Hwy. 19 (18,860 VPD). The site is adjacent to a Publix Supermarket that has over 600k annual visits. It is also just 5 minutes from Brook Highland Plaza, a 60 SF shopping center that features Lowes, Home Goods, Best Buy, Petco and...
...New construction
High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Traded and rated company
Corporate Guarantee
Investment grade tenant
The Sherwin-Williams Company is an American Fortune 500 company in the general building materials industry. Founded by Henry Sherwin and Edward Williams in 1866, the company operates through four...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,923 | 41,077 | 78,387 |
| 2023 Total Population : | 4,710 | 39,837 | 75,997 |
| 2023 Employed Civilian Pop : | 2,545 | 22,121 | 41,510 |
| 2023 Total Businesses : | 649 | 1,918 | 4,107 |
| 2023 Average Household Income : | $ 157,457 | $ 153,162 | $ 153,141 |
| 2023 Total Consumer Spending : | $ 301 M | $ 2179 M | $ 4150 M |
| 2023 Median Age : | 43 | 40 | 40 |
| 2023 Total Households : | 2,279 | 16,880 | 32,134 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,499 | 11,637 | 22,051 |
| 2023 Average Home Value : | $ 479,686 | $ 471,919 | $ 455,086 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| US 280 | Walt Dr | 2021 | 56,587 | 0.08 mi |
| Greystone Highlands Dr | 2014 | 53,960 | 0.22 mi | |
| Cahaba Valley Road | Huddle Dr | 2021 | 18,554 | 0.32 mi |
| Cahaba Valley Road | Lake Purdy Dam Rd | 2020 | 18,554 | 0.32 mi |
| Brook Highland Parkway | Cahaba Valley Rd | 2018 | 9,204 | 0.58 mi |
| Doug Baker Blvd | Hwy 280 | 2021 | 8,518 | 0.59 mi |
| Doug Baker Boulevard | Bowling Dr | 2014 | 9,720 | 0.61 mi |
| Cahaba Valley Rd | Doug Baker Blvd | 2002 | 15,680 | 0.68 mi |
| US Hwy 280 | Meadowlark Dr | 2011 | 55,880 | 0.72 mi |
| Cahaba Valley Road | Calumet Dr | 2021 | 16,539 | 0.84 mi |
Middletown, CT
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
