Skip to main content

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.

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

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

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.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

MM Texture Background
MM Textured Background Lower