Investment Overview

Marcus & Millichap is pleased to present Sherwin Williams in Ionia, Michigan. The approximately 5,000-square-foot retail store was a build-to-suit for the tenant in 2001.They have occupied the building since and renewed the lease in 2021 with two additional renewal options, and high probability of renewal. The single-tenant retail building is situated onapproximately 1.5 acres of land. The parking lot was recently resurfaced and striped, and building is well maintained. Located on the east side of South State Road (M-66) in Ionia, with easy access to Interstate 96. The property is ideally located in a growing area and on a h e heavily travelled thoroughfare with over 32,000 vehicles per day. The asset enjoys excellent frontage and signage. The building is surrounded by many large retailers including Walmart, Meijer, Menards, AutoZone, fast food establishments and more. Ionia,Michigan is also home to major employers such as Flex-N-Gate Corporation, Matcor Automotive Inc., Portland Products, Mercantile Bank, Independent Bank, Twin City Foods, Inc. Extruded Aluminum Corp, and Sparrow Ionia Hospital.