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Miscellaneous

Sherwin Williams – New Construction in Austin MSA

547 Town Center Blvd, Jarrell, TX 76537

Listing Price: $3,164,000

Cap Rate
5.50%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.3
Gross SF
4,500
Guarantor
No Guarantee
Rentable SF
4,500
Price/Gross SF
$703.11
Lease Type
Double Net
Rent Per Square Feet
$38.67

Investment Overview

The Sherwin-Williams Company was founded by Henry Sherwin and Edward Williams in 1866. A Fortune 500 company in the general building materials industry, Sherwin-Williams is a global leader in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America and Europe.

Jarrell is a city in Williamson County, Texas. Part of the Austin metropolitan area, the city is roughly 17 miles north of Georgetown and 24 miles from Round Rock. The city is located along Interstate 35, providing direct access to Austin and other surrounding cities.

Investment Highlights

  • Brand New 10-Year Lease with Sherwin-Williams (NASDAQ: SHW)
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Sherwin-Williams 2024 Revenue was Over $23 Billion & 2024 EBITDA Increased by 6 Percent to $4.49 Billion
  • Households and Population Projected to Increase Approximately 23 Percent in the Immediate Area Over the Next Five Years
  • New High-Quality 2026 Construction
  • Average Household Income Exceeds $121,000 within a 10-Mile Radius
  • Excellent Frontage Along Interstate 35 (Approximately 97,300 Cars per Day), a Significant Connector Providing a Direct Route to Austin
  • Surrounded by National Retailers: Tractor Supply Co, McDonald's, Burger King, etc.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Miscellaneous

Sherwin Williams – New Construction in Austin MSA

Listing Price: $3,164,000

Cap Rate
5.50%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.3
Gross SF
4,500
Guarantor
No Guarantee
Rentable SF
4,500
Price/Gross SF
$703.11
Lease Type
Double Net
Rent Per Square Feet
$38.67

Investment Highlights

  • Brand New 10-Year Lease with Sherwin-Williams (NASDAQ: SHW)
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Sherwin-Williams 2024 Revenue was Over $23 Billion & 2024 EBITDA Increased by 6 Percent to $4.49 Billion
  • Households and Population Projected to Increase Approximately 23 Percent in the Immediate Area Over the Next Five Years
  • New High-Quality 2026 Construction
  • Average Household Income Exceeds $121,000 within a 10-Mile Radius
  • Excellent Frontage Along Interstate 35 (Approximately 97,300 Cars per Day), a Significant Connector Providing a Direct Route to Austin
  • Surrounded by National Retailers: Tractor Supply Co, McDonald's, Burger King, etc.

Investment Overview

The Sherwin-Williams Company was founded by Henry Sherwin and Edward Williams in 1866. A Fortune 500 company in the general building materials industry, Sherwin-Williams is a global leader in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America and Europe. Jarrell is a city in Williamson County, Texas. Part of the Austin metropolitan area, the city is roughly 17 miles north of Georgetown and 24 miles from Round Rock. The city is located along Interstate 35, providing direct access to Austin and other surrounding cities.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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