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| Price $1,854,000 | Built/Renov 2023 | Tenant Sherwin-Williams |
| Cap Rate 6.15% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
4,000
| Lease Start
02-01-2024
| #Units
4,931
|
| Price/SF $463.50 | Expiration
01-31-2034
| Tenant Type General Retail |
| NOI $114,000 | R. Term 9.2 | Ownership Fee Simple |
| Rent/SF
$28.50
| Increases 8.0%/10/yrs | Pop 5Mi 67,864 |
| Lot/AC 0.85 | Options 6/5yrs/8% | AHHI 5Mi $82,646 |
| | |
Sherman Williams is strategically located on N. Main St, with access to 21,568 vehicles passing by daily. Conveniently positioned at approximately 0.75 miles from I-65, where traffic count reaches 99,000 vehicles per day, the property enjoys proximity to a major transportation route. Within a 1-mile radius of the location, there are more than 580 apartments. The immediate trade area within...
...New construction
Build to suit
Near major nationals
Freeway close
Top 100 MSA
Income tax free state
Brand new lease
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
The Sherwin-Williams Company (NYSE: SHW) is an American Fortune 500 company in the general building materials industry. Founded by Henry Sherwin and Edward Williams in 1866, the company operates...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,131 | 28,342 | 68,057 |
| 2023 Total Population : | 2,175 | 28,121 | 67,864 |
| 2023 Employed Civilian Pop : | 1,135 | 14,479 | 35,410 |
| 2023 Total Businesses : | 382 | 1,417 | 2,715 |
| 2023 Average Household Income : | $ 83,814 | $ 88,567 | $ 82,646 |
| 2023 Total Consumer Spending : | $ 58 M | $ 896 M | $ 1998 M |
| 2023 Median Age : | 44 | 40 | 39 |
| 2023 Total Households : | 802 | 11,706 | 27,830 |
| 2023 Pop Age 25+: Bachelor's Degree : | 328 | 4,603 | 10,111 |
| 2023 Average Home Value : | $ 379,798 | $ 370,899 | $ 367,124 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| N Main St | Payne St | 2003 | 21,600 | 0.15 mi |
| Long Hollow Pike | Two Mile Pike | 2022 | 17,431 | 0.42 mi |
| E Cedar St | 2022 | 99,191 | 0.44 mi | |
| Long Hollow Pike | 2022 | 4,993 | 0.54 mi | |
| I- 65 | 2022 | 6,378 | 0.59 mi | |
| Brick Church Pike | New Brick Church Pike | 2022 | 1,090 | 0.63 mi |
| Long Hollow Pike | 2022 | 7,306 | 0.66 mi | |
| I- 65 | 2022 | 8,211 | 0.69 mi | |
| US 31W;US 41 | Dickerson Pike | 2021 | 24,149 | 0.74 mi |
| North Main Street | Tinnin Ave | 2022 | 21,938 | 0.74 mi |
Gurnee, IL
Cap Rate 7.00%
Lease Double NN
R. Term 9.70 yrs
Size/SF 20,568
Danville, IL
Cap Rate 6.75%
Lease Double NN
R. Term 6.11 yrs
Size/SF 23,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
