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
11.0
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
Sherwin-Williams Commercial Store
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
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,202,000
Cap Rate
6.25%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
11.0
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
Exclusively Listed By
Broker of Record
Financing By
