Miscellaneous
Sherwin-Williams | Brand New 15-Year Lease Extension | 25+ Year Operating History at the Site
2405 Middle School Ave NW, Bemidji, MN 56601
Listing Price: $1,497,000
Cap Rate
5.50%
Tenant Name
The Sherwin-Williams Company
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
Double Net
Rent Per Square Feet
$16.47
Investment Overview
Marcus & Millichap is pleased to present a Sherwin-Williams located in Bemidji, Minnesota.
Sherwin-Williams | Brand New 15-Year Lease Extension | 25+ Year Operating History at the Site
Investment Highlights
- Investment Grade Credit Tenant (NYSE: SHW | S&P BBB)
- Brand New 15 Year Lease Extension with Strong Rental Increases
- Over 25 Year Operating History in Regional Trade Hub
- Outparcel to Home Depot in Main Commercial Thoroughfares
Exclusively Listed By
Broker of Record
Financing By
Miscellaneous
Sherwin-Williams | Brand New 15-Year Lease Extension | 25+ Year Operating History at the Site
Listing Price: $1,497,000
Cap Rate
5.50%
Tenant Name
The Sherwin-Williams Company
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
Double Net
Rent Per Square Feet
$16.47
Investment Highlights
- Investment Grade Credit Tenant (NYSE: SHW | S&P BBB)
- Brand New 15 Year Lease Extension with Strong Rental Increases
- Over 25 Year Operating History in Regional Trade Hub
- Outparcel to Home Depot in Main Commercial Thoroughfares
Investment Overview
Marcus & Millichap is pleased to present a Sherwin-Williams located in Bemidji, Minnesota.
Exclusively Listed By
Broker of Record
Financing By
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