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Miscellaneous

Sherwin-Williams Commercial Store

2805 Terry Rd, Jackson, MS 39212

Listing Price: $1,202,000

Cap Rate
6.25%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.9
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$120.20
Lease Type
Double Net
Rent Per Square Feet
$7.51

Investment Overview

Single-Tenant Sherwin-Williams Commercial Store with 11 Years Remaining

Investment Highlights

  • Double Net Lease Through 4/30/2035
  • Below-Market Rent With 11% Increase in 2030
  • Recent Early 10-Year Lease Extension
  • Commercial Store With Expanded Product Offering Including Concrete, Marine and Protective Coatings
  • Corporate Guarantee - Over 4,600 Locations
  • Shadow Anchored by Food Depot Grocery Store

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Miscellaneous

Sherwin-Williams Commercial Store

Listing Price: $1,202,000

Cap Rate
6.25%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.9
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$120.20
Lease Type
Double Net
Rent Per Square Feet
$7.51

Investment Highlights

  • Double Net Lease Through 4/30/2035
  • Below-Market Rent With 11% Increase in 2030
  • Recent Early 10-Year Lease Extension
  • Commercial Store With Expanded Product Offering Including Concrete, Marine and Protective Coatings
  • Corporate Guarantee - Over 4,600 Locations
  • Shadow Anchored by Food Depot Grocery Store

Investment Overview

Single-Tenant Sherwin-Williams Commercial Store with 11 Years Remaining

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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