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Miscellaneous

Sherwin-Williams

5212 University Ave, Cedar Falls, IA 50613

Listing Price: $1,188,000

Cap Rate
6.30%
Tenant Name
Sherwin Williams
Years Remaining On Lease
4.7
Gross SF
8,428
Guarantor
Corporate Guarantee
Rentable SF
8,428
Price/Gross SF
$140.96
Lease Type
Double Net
Rent Per Square Feet
$9.25

Investment Overview

The Rowlett Group exclusively brings to market Sherwin Williams located in Cedar Falls, IA.

Investment Highlights

  • Recent Five Year Lease Extension Demonstrating Tenant's Commitment to This Location
  • Double Net Lease Through 9/30/2027
  • Long Term Tenancy – Lease Commenced in 1973
  • Corporate Guarantee – Over 4,800 Locations
  • Well Maintained by Sellers: New Roof in 2015, Improved & Expanded Loading Dock in 2018

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Miscellaneous

Sherwin-Williams

Listing Price: $1,188,000

Cap Rate
6.30%
Tenant Name
Sherwin Williams
Years Remaining On Lease
4.7
Gross SF
8,428
Guarantor
Corporate Guarantee
Rentable SF
8,428
Price/Gross SF
$140.96
Lease Type
Double Net
Rent Per Square Feet
$9.25

Investment Highlights

  • Recent Five Year Lease Extension Demonstrating Tenant's Commitment to This Location
  • Double Net Lease Through 9/30/2027
  • Long Term Tenancy – Lease Commenced in 1973
  • Corporate Guarantee – Over 4,800 Locations
  • Well Maintained by Sellers: New Roof in 2015, Improved & Expanded Loading Dock in 2018

Investment Overview

The Rowlett Group exclusively brings to market Sherwin Williams located in Cedar Falls, IA.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

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