Miscellaneous
Sherwin-Williams | New 10-Year Lease Extension
1382 N Bridge St, Yorkville (West of Chicago), IL 60560
Listing Price: $2,092,000
Cap Rate
5.40%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
3,493
Lease Type
Double Net
Rent Per Square Feet
$32.35
Investment Overview
Marcus & Millichap is pleased to present the Sherwin-Williams in Yorkville, IL.
Sherwin-Williams | New 10-Year Lease Extension
Investment Highlights
- New 10-Year Lease Extension, Proven Concept in the Market
- Newly Extended Lease Demonstrating Commitment to Location
- Investment Grade Credit Tenant (NYSE: SHW), Rated BBB by S&P
- Sherwin Williams Reported Record Sales of $19.94 Billion in 2021
- Classified Nationally as an Essential Business
- New 2016 High-Quality Construction, Minimal Landlord Responsibilities
- Serving Over 91,000 Residents in Growing Chicago Suburb
- Surrounded by Affluent Communities, Average Household Income Exceeds $126,000 within 3 and 5 Miles
Miscellaneous
Sherwin-Williams | New 10-Year Lease Extension
Listing Price: $2,092,000
Cap Rate
5.40%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
3,493
Lease Type
Double Net
Rent Per Square Feet
$32.35
Investment Highlights
- New 10-Year Lease Extension, Proven Concept in the Market
- Newly Extended Lease Demonstrating Commitment to Location
- Investment Grade Credit Tenant (NYSE: SHW), Rated BBB by S&P
- Sherwin Williams Reported Record Sales of $19.94 Billion in 2021
- Classified Nationally as an Essential Business
- New 2016 High-Quality Construction, Minimal Landlord Responsibilities
- Serving Over 91,000 Residents in Growing Chicago Suburb
- Surrounded by Affluent Communities, Average Household Income Exceeds $126,000 within 3 and 5 Miles
Investment Overview
Marcus & Millichap is pleased to present the Sherwin-Williams in Yorkville, IL.
