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Miscellaneous

Sherwin-Williams (New Construction)

3100 W Stan Schlueter Loop, Killeen, TX 76549

Listing Price: $2,455,000

Cap Rate
5.50%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.0
Gross SF
4,250
Guarantor
Corporate Guarantee
Rentable SF
4,250
Price/Gross SF
$577.65
Lease Type
Double Net
Rent Per Square Feet
$31.76

Investment Overview

Offered for sale is the opportunity to acquire an double-net lease Sherwin-Williams in Killeen, Texas. The property consists of a 4,250-square-foot, freestanding building that sits on approximately 0.68 acres of land. The tenant signed a new 10-year lease, with 10 percent rental escalations scheduled every five years, as well as each option thereafter.

Investment Highlights

  • New 10-Year Double-Net Lease with 10 Percent Rental Escalations Every Five Years
  • 10 Minute Drive to Fort Hood, One of the Country's Top Military Installations With Over $28.8 Billion in Annual Economic Activity and More Than 65,000 Military Personnel and Family Members
  • Located Next to a Walmart Supercenter - New Construction in the Are Includes Starbucks, PopShelf, and Integrity Urgent Care
  • New 2023 Construction
  • Excellent Access and Visibility on West Stan Schlueter Parkway (29,684 VPD)
  • Corporate Guarantee from Sherwin-Williams, an Investment Grade Tenant (BBB; S&P)
  • Killeen, Which is Approximately 70 Miles Away from Austin, is the Largest of the Three Principal Cities in Bell County

Exclusively Listed By

Financing By

Miscellaneous

Sherwin-Williams (New Construction)

Listing Price: $2,455,000

Cap Rate
5.50%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.0
Gross SF
4,250
Guarantor
Corporate Guarantee
Rentable SF
4,250
Price/Gross SF
$577.65
Lease Type
Double Net
Rent Per Square Feet
$31.76

Investment Highlights

  • New 10-Year Double-Net Lease with 10 Percent Rental Escalations Every Five Years
  • 10 Minute Drive to Fort Hood, One of the Country's Top Military Installations With Over $28.8 Billion in Annual Economic Activity and More Than 65,000 Military Personnel and Family Members
  • Located Next to a Walmart Supercenter - New Construction in the Are Includes Starbucks, PopShelf, and Integrity Urgent Care
  • New 2023 Construction
  • Excellent Access and Visibility on West Stan Schlueter Parkway (29,684 VPD)
  • Corporate Guarantee from Sherwin-Williams, an Investment Grade Tenant (BBB; S&P)
  • Killeen, Which is Approximately 70 Miles Away from Austin, is the Largest of the Three Principal Cities in Bell County

Investment Overview

Offered for sale is the opportunity to acquire an double-net lease Sherwin-Williams in Killeen, Texas. The property consists of a 4,250-square-foot, freestanding building that sits on approximately 0.68 acres of land. The tenant signed a new 10-year lease, with 10 percent rental escalations scheduled every five years, as well as each option thereafter.

Exclusively Listed By

Financing By

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