Miscellaneous
Sherwin-Williams
5212 University Ave, Cedar Falls, IA 50613
Listing Price: $1,262,000
Cap Rate
6.15%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.9
Gross SF
8,428
Guarantor
Corporate Guarantee
Rentable SF
8,428
Price/Gross SF
$149.74
Lease Type
Double Net
Rent Per Square Feet
$9.25
Investment Overview
Marcus & Millichap exclusively brings to market the Sherwin Williams located in Cedar Falls, Iowa.
Sherwin-Williams
Investment Highlights
- New Ten Year Lease Extension Demonstrating Tenant's Commitment to This Location
- Double Net Lease Through 3/31/2034
- Long Term Tenancy – Lease Commenced in 1973
- 10 Percent Rent Increases Every Five Years
- Well Maintained: Parking Lot Resurfaced in 2023, New Roof in 2015
- Corporate Guarantee – Over 4,600 Locations
Broker of Record
Financing By
Listing Price: $1,262,000
Cap Rate
6.15%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.9
Gross SF
8,428
Guarantor
Corporate Guarantee
Rentable SF
8,428
Price/Gross SF
$149.74
Lease Type
Double Net
Rent Per Square Feet
$9.25
Investment Highlights
- New Ten Year Lease Extension Demonstrating Tenant's Commitment to This Location
- Double Net Lease Through 3/31/2034
- Long Term Tenancy – Lease Commenced in 1973
- 10 Percent Rent Increases Every Five Years
- Well Maintained: Parking Lot Resurfaced in 2023, New Roof in 2015
- Corporate Guarantee – Over 4,600 Locations
Investment Overview
Marcus & Millichap exclusively brings to market the Sherwin Williams located in Cedar Falls, Iowa.
Broker of Record
Financing By
