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Miscellaneous

Sherwin-Williams

2548 Stanley Ave, Dayton, OH 45404

Listing Price: $894,308

Cap Rate
6.15%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.3
Gross SF
4,991
Guarantor
Corporate Guarantee
Rentable SF
4,991
Price/Gross SF
$179.18
Lease Type
Double Net
Rent Per Square Feet
$11.02

Investment Overview

Freestanding Sherwin-Williams Location| Recession-Proof and E-Commerce Proof Tenant | Opportunity to Add Value by Parceling Off Approximately 0.5 Acres for Additional Development

9.4 Years Remaining on Lease with Corporate Guarantee | Landlord is Only Responsible for Roof and Structure | Landlord-Friendly Lease Language | Opportunity to Increase Rent – No Options Remaining

Tenant Showed Commitment to Site – Recently Agreed to Extend the Lease for 10 Years

Located in a Busy Industrial Area in Northeast Dayton | Dayton is Located at the conjunction of I-70 and I-75 Between the Larger Cities of Columbus (50 Miles) and Cincinnati (71 Miles)

Excellent Demographics: Five-Mile Population is 209,142 and Five-Mile Daytime Population is 229,945

Dayton is Home to Wright-Patterson United States Air Force Base | The Base Employs Over 30,000 Airmen, Civilians, and Contractors, Making it the Largest Single-Site Employer in Ohio

Sherwin-Williams is a Publicly Traded Company (NYSE: SHW) with BBB Credit Rating (S&P) | Ranked #293 on the Fortune 500 List

Sherwin-Williams Company Has Been in Business Since 1866 and Has 4,859 Locations in 120 Countries | The Company Reported Record Sales of $20.05 Billion in 2023

Investment Highlights

  • Sherwin-Williams Company Has Been in Business Since 1866 and Has 4,859 Locations in 120 Countries | The Company Reported Record Sales of $20.05 Billion in 2023
  • Excellent Demographics: Five-Mile Population is 209,142 and Five-Mile Daytime Population is 229,945
  • Opportunity to Add Value by Parceling Off Approximately 0.5 Acres for Additional Development

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Miscellaneous

Sherwin-Williams

Listing Price: $894,308

Cap Rate
6.15%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.3
Gross SF
4,991
Guarantor
Corporate Guarantee
Rentable SF
4,991
Price/Gross SF
$179.18
Lease Type
Double Net
Rent Per Square Feet
$11.02

Investment Highlights

  • Sherwin-Williams Company Has Been in Business Since 1866 and Has 4,859 Locations in 120 Countries | The Company Reported Record Sales of $20.05 Billion in 2023
  • Excellent Demographics: Five-Mile Population is 209,142 and Five-Mile Daytime Population is 229,945
  • Opportunity to Add Value by Parceling Off Approximately 0.5 Acres for Additional Development

Investment Overview

Freestanding Sherwin-Williams Location| Recession-Proof and E-Commerce Proof Tenant | Opportunity to Add Value by Parceling Off Approximately 0.5 Acres for Additional Development 9.4 Years Remaining on Lease with Corporate Guarantee | Landlord is Only Responsible for Roof and Structure | Landlord-Friendly Lease Language | Opportunity to Increase Rent – No Options Remaining Tenant Showed Commitment to Site – Recently Agreed to Extend the Lease for 10 Years Located in a Busy Industrial Area in Northeast Dayton | Dayton is Located at the conjunction of I-70 and I-75 Between the Larger Cities of Columbus (50 Miles) and Cincinnati (71 Miles) Excellent Demographics: Five-Mile Population is 209,142 and Five-Mile Daytime Population is 229,945 Dayton is Home to Wright-Patterson United States Air Force Base | The Base Employs Over 30,000 Airmen, Civilians, and Contractors, Making it the Largest Single-Site Employer in Ohio Sherwin-Williams is a Publicly Traded Company (NYSE: SHW) with BBB Credit Rating (S&P) | Ranked #293 on the Fortune 500 List Sherwin-Williams Company Has Been in Business Since 1866 and Has 4,859 Locations in 120 Countries | The Company Reported Record Sales of $20.05 Billion in 2023

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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